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1987   News                           

News Headlines
  •  
  • Evngelist Jim Baker Admits To Making Payments To Cover sexual Infidelity 
  •  
  • Iraqi Missile Hits SS "Stark" In Persian Gulf And Kills 37 
  •  
  • 19 Year Old German Flies Small Plane Into Moscow Square 
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  • Federal Reserve Chairman Paul Volcker Is Replaced By Alan Greenspan 
  •  
  • Prime Minister Margaret Thatcher Is Re-elected For Third Time 
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  • Oliver North Takes Fifth Amendment In Contra Investigation 
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  • Dow Suffers Worst One Day Fall In History, 508 Points 

    In The News
  •  
  • Gary Hart withdraws from Presidential race when sexual indiscretion is exposed 
  •  
  • Dow tops 2,700 
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  • 338 of 452 are convicted in Mafia trial in Polermo, Italy 
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  • Died; Fred Astaire , jackie Gleson, Liberace, Rita Hayworth 
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  • Dow one day drop of 508 points becomes know as "Black Monday" 
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  • 50,000 gather at "Graceland", on the 10th anniversary of Elvis's death 

       
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