Word: boons
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Dates: during 1980-1989
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Leveraged buyouts seemed like a small-time, unglamorous financial gimmick when KKR began hawking them on Wall Street in the mid-1970s. But the arrangements were an immediate hit with managers who saw the wisdom of taking their companies private to escape corporate raiders. LBOs were also a boon to promising firms that wanted to grow outside Wall Street's harsh spotlight...
...many professors, in particular the department heads who Spence has enlisted in his agenda for change, view the new system as a boon to their departments...
...restaurants prepare their own desserts, which is a boon to suppliers like Just Desserts, the San Francisco bakery. In addition to running four retail shops, it services 550 restaurants. Its best sellers: chocolate sour- cream fudge cake, apple pie and carrot cake. In five years the business's butter consumption has jumped from 3,000 lbs. a week to 7,000, while its weekly flour order has doubled from...
Golf is considered a boon to both physical and mental health, though almost no one ever looks or feels better after a round. While intended to be a display of self-control, fundamentally it reveals temper. Implied in the $ game's sociability are honor, forthrightness, friendship, kindness, courtesy, generosity and understanding. But nearly nowhere are frailties of character laid barer than on a golf course. After 18 holes with a stranger, you know him. And golfers are as prone as the police to develop fatalistic cynicisms about their fellow...
Squid cookery has been a boon to the wrestling team of Monterey High School since its coach, Bill Grant, discovered the profits in this smoky fund raiser. Working the squid festival and running a $10 eat-all-you-want squid dinner in the school each December, he provides qualifying fees so his athletes can try out for various championship tournaments. "The first $6,000 is for the team," Grant said, "then my wife and I work other outings, such as the Laguna Seca racetrack, and keep those profits for ourselves." Roberto Dixon, a Panamanian who lives in Monterey...