TBS.com - Ten of the BIGGEST Scandals in Modern History
1) Coming only a few years removed from the end of the Syrian War and the beginning of the Lost Decade, the APEX scandal came at precisely the worst time for President Webb - Scoop Jackson, who had won a landslide victory in 1976 on the promise of cleaning up American politics in the aftermath of the Watergate hearings and dealing with the nations growing energy crisis, had boldly nationalized international oil giant Exxon along with legislation breaking up the 70's "super-conglomerates" that had dominated domestic markets for years. After a quick rebrand (Exxon became American Petroleum EXports), APEX became one of the worlds most profitable companies overnight and was a key part of Jackson's legacy. Surviving proposed cuts during the Connally Administration, APEX's public ownership became a major selling point to American voters from Democratic politicians, with the two-word slogan "Our Oil" becoming ubiquitous during political campaigns from the 90's to the early 2000's. However, anonymous whistleblowers revealed in February of 2002 widespread embezzlement, money laundering and corruption within APEX, and the resulting investigations led to a landslide defeat of the Democrats in the 2002 midterms, the impeachment and eventual conviction of President Webb in 2003, and the privatization of APEX in 2005. Jeffrey Skilling became an international celebrity overnight for his role in defrauding APEX and buying off Congressmen's silence through illicit bribes, "APEX bucks" became a buzzword overnight and Webb's bizarre habit of bringing up men he killed in Vietnam during his trial has been one of the most enduring (and funniest) political moments in recent memory.