Macalister-Stebbins Bond Fraud
id:
macalister-stebbins-bond-fraud-280-10510668
title:
Macalister-Stebbins Bond Fraud
text:
The Macalister-Stebbins Bond Fraud was a financial scandal that occurred in the State of Illinois in 1859. While investigating the Canal Scrip Fraud, the State Senate Finance Committee discovered that a special class of bonds the state had issued in 1841 had been improperly redeemed. The bonds were known as the Macalister-Stebbins bonds after the bankers who had sold them on behalf of the state. The bonds had been issued during the state's financial crisis to pay interest that the state owed on
brand slug:
wiki
category slug:
encyclopedia
description:
1859 financial scandal in Illinois
original url:
https://en.wikipedia.org/wiki/Macalister-Stebbins_Bond_Fraud
date created:
date modified:
2022-12-06T20:37:38Z
main entity:
{"identifier":"Q113588257","url":"https://www.wikidata.org/entity/Q113588257"}
image:
fields total:
13
integrity:
14