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We can infer from the passage that Kenneth Lay expected Mr Bush to offer him a high position in his administration because Mr Lay ----.
Until the giant American energy company Enron collapsed,
and its director Kenneth Lay was imprisoned, his life had
been a model of the American dream of rising from rags to
riches on the strength of merit and hard work. His
beginnings were socially and financially very modest. He
was born in Tyrone, Missouri, in 1942, as the son of a
preacher who was also a part-time salesman. He helped
his father make ends meet by cutting grass and delivering
papers. His start in the energy industry seemed similarly
modest. After obtaining a doctoral degree in economics
from the University of Houston, he got his start in the
booming Texan oil industry. In 1985 he merged Houston
Natural Gas with InterNorth of Nebraska in order to form
Enron. As Enron became stronger, Mr Lay turned
increasingly to politics and was one of the biggest donors
to the Bush-Cheney campaign. After Mr Bush entered the
White House, Mr Lay had hopes of a seat in the cabinet,
perhaps as energy secretary or even at the Treasury.
However, for reasons that remain unclear, Mr Bush
overlooked him, so his professional life ended in
frustration.