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Glossary > S > "Salad Oil Scandal" Definition

Salad Oil Scandal

One of the worst corporate scandals of its time. It occurred when Allied Crude Vegetable Oil Company discovered that banks would make loans secured by its salad oil inventory.

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Salad Oil Scandal - One of the worst corporate scandals of its time. It occurred when Allied Crude Vegetable Oil Company discovered that banks would make loans secured by its salad oil inventory.

Salad Oil Scandal : one of the worst corporate scandals of its time. it occurred when allied crude vegetable oil company discovered that banks would make loans secured by its salad oil inventory.