Lay was the son of an impoverished Baptist minister who dreamed about being wealthy from a young age, growing up to earn a Ph.D in economics and becoming a prominent supporter of deregulation during the Reagan Administration.
Lay was the son of an impoverished Baptist minister. This impoverished Baptist minister dreamed about being wealthy from a young age, growing up to earn a Ph.D in economics and becoming a prominent supporter of deregulation during the Reagan Administration. We learn this.