The Tweed Ring Scandal

He had little knowledge of politics, and depended on his fellow politicians. These men, in turn, involved in scandals to embezzle money from the government. One was the Great Mobilier scandal; it dealt with the Union Pacific Railroad. The Construction Company hired themselves at inflated prices to build railroad lines, and distributed shares of stock to congressmen. A scandal during Grant’s second term, was the Whisky Ring. This scandal was uncovered in St. Louis, and consisted of selling whiskey without the excise tax. In return it defrauded the government out of millions of dollars. Belknap was selling goods and trading with the Indians for lower prices.

Lucas, K., & Fyke, J. P. (2014). Euphemisms and ethics: A language-centered analysis of Penn State's Sexual Abuse Scandal. Journal of Business Ethics, 122(4), 551-569. doi:http://dx.doi.org/10.1007/s10551-013-1777-0

Also, the corrupt politicians in New York was a reality. Boss Tweed was running a political machine, and the public were the ones getting the raw deal. In a famous series of newspaper interviews George Plunkett explains the difference between "honest graft" and "dishonest graft."

The Tweed Ring Scandal in New York City occurred in the 1850s and was an elaborate scheme that brought the U.S economy to the brink of collapse. It all started with mastermind William "Boss" Tweed. Tweed came from humble beginnings, he started to gain political power as a New York City firefighter. In 1853, he was elected to serve on the U.S. House of Representatives. His main concern while in office were state and local affairs, his main focus being New York City. As a senator, Tweed craved power and did whatever he could to get it. He assembled a group of democrat elites together to carry out his plan for power and riches. His plan was to use monetary bribes and political positions to win personal support and assemble his own little

In the history of the United States there were a vast amount of political leaders and big businesses that contributed to the success of cities in our country.Greed and the need for power can consume someone and make them feel like they are unstoppable,but little do people know the judgement day is right around the corner.William "Boss" Tweed is a prime example of what the need for power and greed will do to a person.William Tweed played a huge role in the success of New York City through smart politics,corruption,which ultimately led to his conviction. William Tweed was a member of the United States House of Representatives in New York.Tweed,born on April 3,1823,a man of big stature,stood six feet tall,weighing in at 300 pounds with a cheerful personality.Tweed got the nickname Boss because he was the the leader of Tammany Hall.

"Boss" Tweed employed bribery, graft, and fraudulent elections to milk New York of as much

For many, America is not just the country they happen to live in but also it is a place of freedoms, liberties and independencies and even a refuge for some people. In 1886 though, a group of people attempted to share their opinion in Haymarket Square, Chicago, which led to a dangerous riot and a series of trials with convictions and executions. Throughout the affair, innocent lives were lost, people were wrongly accused, and the judicial system was revealed as flawed. Throughout the trial, Constitutional rights were overlooked in the name of prejudice and because of fear, just to please the public. The Haymarket Affair involved a violent riot caused by overbearing police officers; it also involved unfair trials

This company was given contracts to build railroads. Congressmen were then offered great shares in the construction which allowed the congressmen to approve federal payments without paying attention to the expenses. This meant that the railroad builders made large amount of profit, but had no idea how they were affecting the railroad. The railroad companies were entirely impoverished by the end of the whole process. Those involved in the scandals realized through time that much more money could be gained from construction contracts than from operating the completed road. The vice president at the time, Schuyler Colfax, who was then Speaker of the house, had even bought shares. When the scandal became a public matter, James Blaine appointed an investigation committee ran by Representative Luke Poland in 1872. Mr. Blain said that, "A charge of bribery is the gravest that can be made in a legislative body. It seems to me... that this charge demands prompt, thorough, and impartial investigation.". Several of those officials involved, however, were implicated but not punished. They claimed that the payment was a gift and not in any way a bribe. Another angered Justice rephrased a passage of scripture, saying, '"Let him that has not betrayed the trust of the people , and is without stain, cast the first stone.". That quote was directed at the press who were enraged because of the scandal. The Justice was in a way pointing out that the press has manipulated and twisted the view of the public on many occasions. In that case, the press is without room to place blame and

At this point, Tweed won every battle that came his way. In 1866, as it would later be discovered, he, Hall, Richard Connolly, and Peter Barr Sweeney started the “Tweed Ring”, which ultimately damned him. Over the next five years, the foursome would make between $40 and $100 million dollars off the city they claimed to love and protect (bosstweedproject). The Tweed Ring seized control of the city treasure in 1870, funneling funds into their own private bank account so exceedingly that action had to be taken.

3. Samuel Tilden-He was the attorney who prosecuted Tweed, which gained the fame that made him a presidential candidate for Democrats. He lost in the election in 1876.

Without a doubt, the gilded era mocks a political corruption in post–Civil War in America. The term Glided era deserves the title for its rotten underlying system, marked by monopoly and oligopoly system, where the wealthy became richer and the poor disfavored. Although great economic growth occurred through railroads, technology, and industries, the working class was brainwashed to accept the idea of social Darwinism while the great tycoons like Rockefeller, Vanderbilt, and Carnegie would get the biggest piece of the pie while controlling the worker’s class. The government’s laissez-faire’s attitude generated corrupted politics, whom considered only their personal interests. In other words, America was controlled by the wealthy and corrupted

A 72-year-old Wooster is the latest to be arrested in connection with an increased emphasis by the Wayne County Sheriff’s Office to tackle the illegal drugs problem.

The city of New York has not always had as positive of a city government as the city's history may suggest, however. It has had a mixed political system since its beginning, with its democratic principles in question as corruption has taken hold of the city from time to time. Boss Tweed, a notorious mayor from the 1860s, was so corrupt he was openly the mastermind of the city for thirty years. His huge profit margins as a result of his control over the streetcar transportation system in that time prevented the New York subway from being built until 1910. The Italian immigrants who came from Sicily maintained traditional family ties, which soon became the American Mafia, which controlled crime in the city from the 1920s until the

Ron G. Crane is the Idaho State Treasurer, responsible for the management of both state and local government investment pools. He directs receipt of all state monies, the accounting and disbursement of public funds, and invents general account and pooled agency cash in various fixed income

In light of the recent scandals that rose around big multinationals such as Enron and WorldCom, it has become evident that reform in the traditional corporate operations and objectives was to be encompassed in the organisations corporate strategies. Indeed throughout the years, companies main objectives were defined primarily as being economic objectives, Multinationals developed with sight of profit maximisations regardless to the other incentives, Friedman considered that to be the foundation for a well-managed company, it was further considered that the financing of any other sort of social corporate activities rather unnecessary. The expenses were regarded as expenditures for the owners and investors; this was a time where shareholders rights were regarded as conflicting with other constituents namely the employees, creditors, customers or the community in general. However this interpretation is seen as rather inadequate due to the nature of the amalgamated relation between both constituents. Stakeholders in modern corporate doctrine are considered as a core apparatus for the well functioning of a business. It is however often argued that the only way for a corporation to achieve better results and maximise its profits is to include other people in the process, individuals or organisations with direct or indirect interest in the well performance of the company, that is the reason why modern regulations and codes include a number of stakeholders other than the