SCANDALS: Mr. San Diego in Dutch

In many ways, C. Arnholt Smith seemed to personify the American Dream. A high school dropout and former grocery clerk, he rose to the ownership of a major league baseball team (the San Diego Padres) and became head of a financial empire that included one of California's largest banks and a multimillion-dollar conglomerate with interests that ranged from hotels, real estate and insurance to tuna-fishing fleets, canneries and a commuter airline. He became the chum of a President, so close to Richard Nixon that the two watched the 1968 election returns together...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!