February 4, 1980 – ABSCAM: New Word In The Dictionary.
On this February 4th in 1980, a new Acronym entered our Dictionary –ABSCAM, which stood for Abdul Enterprises Scam or Arab Scam implicated at least 8 Senators and Congressmen over accepting bribes in exchange for favors. Denials and hand-wringing went into swift action, but questions arose when it was learned...