Big News Headlines of 1987
Wall Street crashes sending the Dow Jones Industrial Average plummeting a record 508 points-22.6%.
President Reagan and Soviet Leader Gorbachev meet in Washington and sign an unprecedented
missile reduction agreement.
Televangelist Jim Bakker resigns amid accusations of sexual infidelity and financial impropriety.
Wall Street financier Ivan Boesky is sentenced to three years in prison in an insider-trading scandal.
Gary Hart withdraws from the 1988 presidential campaign under accusations of infidelity.