In 1986, while the paper was under the guidance of Editor-in-Chief William Diepenbrock, News Editor Steve Elzer broke the story that UCSB Chancellor Robert Huttenback was under investigation for misappropriating university funds. What initially had begun as an article on the sudden departure of a UCSB vice chancellor eventually ended in an exposé of Huttenback's financial activities. The "Daily Nexus" story drew other media coverage and intense university pressure for Huttenback to resign, which he did months later on July 11, 1986. Huttenback was convicted in 1988 for embezzling more than $170,000, primarily used for improvements to his home he claimed were for entertaining donors. A review of the incident by the UC President was declared moot and never officially released. The story was followed by newspapers throughout California, including the "Los Angeles Times".