1987
Detroit Tigers win division, but lose to Minnesota Twins in playoffs
Jim Bakker, head of PTL ministries, resigns after admitting affair with his secretary
American Motors is acquired by Chrysler Corp.
Portugal relinquishes Macao back to China for 1999
Dow reaches a peak of 2500 on July 17; Black Monday begins on October 19 (22.61% drop)
Northwest Airlines #255 crashes on takeoff at Detroit Metro and 155 people are killed
Ronald Reagan challenges Mikhail Gorbachev to “tear down this wall” while in Berlin
President Reagan’s recommendation of Robert Bork for Supreme Court is rejected by U.S. Senate
Microsoft releases Windows 2.0 on December 9
Prozac debuts in the United States
Liberace, Danny Kaye, Woody Hayes, Dean Martin, Buddy Rich, Fred Astaire, Jackie Gleason, Lee Marvin die