Tag Archives: Cliff Baxter


south-america-2008-152(Excerpted from Chapter 9: The Texas Oil Mafia: Big Oil & Their Bankers…)

In 1985 Drexel Lambert S&L crook Michael Milken helped Houston Natural Gas merged with Internorth to create Enron.  Kenneth Lay headed Houston Natural Gas and became chairman and CEO of the new company.  Enron was the biggest corporate contributor to George W. Bush’s campaign to become Texas Governor. [389]  Bush won and Texas led the way in a nationwide deregulation of energy markets which Lay advocated. Continue reading