SCANDALS: Hunting for Soybeans

When he died 3½ years ago, eccentric Texas Oil Billionaire H.L. Hunt left plenty of pocket money to his ten children. That has not kept some of his sons from speculative ventures aimed at increasing their inheritances. Last week a federal agency accused seven members of one branch of the family of trying, in effect, to corner the market in this year's dwindling supply of soybeans. The Commodity Futures Trading Commission charged that Nelson Bunker Hunt and W. Herbert Hunt, two sons of H.L.'s first marriage, acted in concert with five...

Want the full story?

Subscribe Now


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

Learn more about the benefits of being a TIME subscriber

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