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TeachMeFinance.com - explain Credit Mobilier historic definition... Credit Mobilier -- An institution incorporated in France in 1852 for general financial operations. The same name was borne by a concern chartered in Pennsylvania which in 1863 undertook the construction of the Union Pacific Railroad and collapsed amid scandal. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.