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Teapot Dome scandal |
Also found in: Dictionary/thesaurus, Legal, Wikipedia, Hutchinson | 0.03 sec. |
Teapot Dome scandalSecret leasing of U.S. government land to private interests. In 1922 oil reserves at Teapot Dome, Wyo., and Elk Hills, Calif., were improperly leased to private oil companies by Secretary of the Interior Albert Fall, who accepted cash gifts and no-interest loans from the companies. When the leases became known, Congress directed Pres. Warren G. Harding to cancel them. A later investigation revealed illegal actions by several government officials, some of whom later received fines and short prison sentences. The scandal became a symbol of government corruption. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| who in 1922 kicked off the investigation into the Teapot Dome scandal, in which President Harding's interior secretary ultimately went to prison for taking bribes from oil companies in return for no-bid energy leases on public lands. If the Republicans had integrity, they would open up their own Congressional investigation, as happened during the Teapot Dome scandal. As a business and political disgrace, the Enron collapse may top the 1920s Teapot Dome scandal, in which politicians and business people secretly sold U. |
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