Word: oiled
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Dates: during 1990-1999
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Sorriest Dealmaker. All's fair in love and takeover war, or so thought Texaco. In 1984 the Lone Star oil giant pined for Getty Oil, even though that company had already pledged its hand to another suitor, Pennzoil. Texaco managed to seduce Getty with a sweeter offer, but the jilted Pennzoil persuaded a Dallas jury that it had been cheated. To avoid posting a $10 billion bond, Texaco had to declare bankruptcy. Eventually the company settled the dispute by wiring $3 billion to Pennzoil's bank account...