Bay Equity Home Loans Newsletter
FB   TW   IN
 
 
 
 
 
2022 marks 50 years since Watergate
 
Fifty years ago, in June of 1972, five men were arrested breaking into the Democratic National Headquarters, located inside the Watergate Office Building in Washington, D.C. It was the beginning of one of the biggest scandals in U.S. history.

Even as Republican President Richard Nixon was cruising toward re-election in November, Washington Post investigative reporters Bob Woodward and Carl Bernstein were unraveling a growing conspiracy involving high-ranking members of the administration and the president himself.

It was a seminal moment for American journalism, and the term “Watergate” became a catch-all for the many clandestine and often illegal undertakings of the Nixon administration.

It also led to 50 years (and counting) of widespread – and sometimes comical – application of the suffix “gate” to name any kind of scandal (Contragate, Deflategate, Nannygate).

Over the next two years, Nixon was implicated for approving a cover-up, with much of the proof “caught on tape” by a voice-activated recording system in the Oval Office.

Egregious presidential actions against further investigations eventually led the House of Representatives to commence an impeachment process and the U.S. Supreme Court ordered release of the tapes.

Nixon resigned Aug. 9, 1974, before he could be charged with obstruction of justice, abuse of power and contempt of Congress. Successor Gerald Ford pardoned him. Nixon remains the only president to resign.

In all, Watergate produced 69 criminal indictments resulting in 48 convictions.
 
Bay Equity Home Loans Newsletter

Inflation is bad. It has been worse

Bay Equity Home Loans Newsletter

To renovate can be just great

Bay Equity Home Loans Newsletter

Home insurance: Boring but important

 
 
 
  Not intended to solicit loans in states I am not licensed in. Bay Equity LLC. Equal Housing Opportunity. This is not a commitment to lend or extend credit. Restrictions may apply. Rates may not be available at time of application. Information and/or data are subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states. Bay Equity LLC, 770 Tamalpais Drive Suite 207, Corte Madera, CA 94925; NMLS ID#76988. Arizona Mortgage Banker License #0910340; click here: www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/76988

1553 West Todd Drive Suite 101 Tempe, AZ 85283

Copyright Bay Equity Home Loans. All rights reserved.