Word: boons
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...bought some beehives. He tapped his maple trees in the spring and discovered with a born-again countryman's pleasure that his illustrious ancestor, Dr. Benjamin Rush of Philadelphia, a signer of the Declaration of Independence, had written a long letter to Thomas Jefferson, promoting maple sugar as a boon to health and commerce...
...inelegant word: securitization. The term describes a sophisticated method of using powerful computers to package traditional loans into securities. The new instruments are then bought and sold like conventional bonds in the credit marketplace. Securitization is double edged: in only a few years, the technique has given an enormous boon to consumers in the form of lower interest rates and fresh infusions of money for mortgages and car loans. Banks have also gained from securitization, observes Lowell Bryan, a director at the McKinsey consulting firm. They have, he says, been able to sell many of their own loans to securitizers...
...parking lots on the Southwest Side of Chicago supposed to prove? According to the legislation, the lots will "demonstrate methods of facilitating the transfer of passengers between different modes of transportation." But each of these projects has a zealous congressional defender ready to hail it as a boon rather than a boondoggle. Democratic Congressman William Lipinski is the man behind the $3 million Chicago parking lots, which are designed to serve a rapid-transit line that will not be completed until 1992. "The lots tie directly with the mass-transit line," Lipinski says. "There's no pork here...
...without pets, eleven were dead within a year. The remaining 53 had animals ranging from an iguana and Bantams to the typical cats, dogs and fish; just three of those patients died. The results were not due to increased exercise, like walking a dog. Even owning fish proved a boon. Later research provided a partial explanation: an animal's presence helps lower blood pressure and reduce stress...
...university project could be a boon to Japan, which is interested in learning more about U.S. higher education techniques. But proponents, calling the effort the first of its kind, believe it will be of equal value to the United States in the long-term...