Word: gaffing
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Dates: during 2000-2009
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...December 1984, Union Carbide has been locked in one battle after another. Even as it faces up to $100 billion in lawsuits filed on behalf of the Bhopal victims, the Danbury Conn.-based firm (1984 sales: $9.5 billion) is struggling to fend off a hostile takeover by GAF (1984 sales: $731 million), a manufacturer of building and chemical products. In a defensive move, Carbide decided last week to sell its consumer businesses for some $2 billion. That will help the firm raise money that can be used to pay for a buy-back offer for 55% of its stock...
Heyman spent the beginning of his career in the public sector before becoming the Chief Executive Officer of the GAF Corporation...