Testimony before a Senate Inquiry regarding the Teapot Dome affair (Library of Congress, via Wikipedia)

One of the greatest scandals in the history of the U.S. government, the Teapot Dome scandal was an instance of corporate malfeasance during the Roaring Twenties, that decade of deregulation and corporate overreach that gave way to the Great Depression by its end. The Warren Harding Administration was rocked when news came out that the Secretary of the Interior had agreed to lease the Teapot Dome Navy oil reserves to private oil companies after accepting bribes to do so. The companies were given low rates and no-bid contracts (always a worrisome sign). The resulting investigation was filled with intrigue, filled with figures who became stunningly rich in a heartbeat all while important documents went missing, one after the next. It all goes to show that corruption has never been a new idea in government, and a thorough read of the history of this scandal will show just how far the corrupted will go to hide their activities from the public.

Wikipedia: Teapot Dome Scandal

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