or the wealthiest in natural resources.

No, what unites them all is their willingness to believe

in the magic of the marketplace.

The magic power of deregulation

pushed Ken Lay to found Enron in 1985.

Through a merger of vast networks of natural gas pipelines,

Lay thought Enron would be poised to take

advantage of the government's decision

to let gas prices float with the currents of the market.

Ken Lay had a view of deregulation

from the standpoint of all the money

that he thought could be made.

Ken Lay wasn't alone.

A couple of Texas oilmen shared his views

on how to get government out of the energy business.

I think they could sort of understand each other.

It was a professional courtesy

between a sidewinder and a timber rattlesnake.

Lay was closer to the father.

But while he was governor of Texas