Andy Warhol ( August 6, 1928 – February 22, 1987 ) was an American artist who was a leading figure in the visual art movement known as pop art.

* 1909 – Hermann Lang, German race car driver ( d. 1987 )

* 1916 – Vincent Ellis McKelvey, American geologist ( d. 1987 )

* 1987 – Levi Porter, English footballer

* 1987 – Hilary Rhoda, American model

* 1987 – Brooklyn Decker, American model and actress

* 1987 – Shawn Gore, Canadian football player

* 1987 – Brendon Urie, American singer-songwriter and musician ( Panic at the Disco )

* 1987 – Alipate Carlile, Australian rules footballer

* 1987 – Rohit Sharma, Indian cricketer

* 1987 – Nikki Webster, Australian singer

* 1987 – Darren McFadden, American football player

* 1928 – Andy Warhol, American artist ( d. 1987 )

* 1933 – A. G. Kripal Singh, Indian cricketer ( d. 1987 )

* 1987 – Charley Chase, American porn actress

* 1987 – Aditya Narayan, Indian actor, singer, and composer

* 1987 – Joran van der Sloot, Dutch murderer

* 1919 – Joop den Uyl, Dutch politician ( d. 1987 )

* 1987 – Marco Carmona, Mexican illustrator and animator

* 1987 – Pepe Diokno, Filipino director, screenwriter, and producer

* 1924 – James Baldwin, American writer ( d. 1987 )

* 1987 – Rumi Hiiragi, Japanese actress

* 1987 – Sébastien Pocognoli, Belgian footballer

* 1987 – Lee Wallace, Scottish footballer

* 1987 – Kim Hyung-jun, Korean singer, dancer, and actor ( SS501 )

Until 1987, most trading occurred via the telephone, but during the October 1987 stock market crash, market makers often didn't answer their phones.

* 1987 – Continental Airlines Flight 1713, a Douglas DC-9-14 jetliner, crashes in a snowstorm at Denver, Colorado Stapleton International Airport, killing 28 occupants, while 54 survive the crash.

According to Klein, in response to an economic crash in the 1980s ( Latin American debt crisis, Black Monday ( 1987 ), Savings and loan crisis Japanese asset price bubble ), corporations began to seriously rethink their approach to marketing, and began to target the youth demographic, as opposed to the baby boomers, who had previously been considered a much more valuable segment.

Shares had a total value of $ 50 billion in 1987 and only $ 15 billion in 1991 ; Belich says that at one point the crash was " the worst in world.

With the crash of 1987, questioning of the prevailing monetarist policy began.

The buyout suffered from the 1987 stock market crash and after failing initially to raise high yield debt financing, the company was required to offer a portion of the company's stock as an inducement to invest in the company's bonds.

It was registered N693M and was later destroyed in a 1987 crash in San Diego, California.

The crash of 1987, for example, did not lead to a bear market.

The United States stock market was described as being in a secular bull market from about 1983 to 2000 ( or 2007 ), with brief upsets including the crash of 1987 and the dot-com bust of 2000 – 2002.

The stock market crash of 1987 created a crisis which forced the government to cut spending, alienating some trade union supporters.

In 1989, the junior James Meredith ( then 20 ) was sentenced to one year's house arrest for his role in a 1987 car crash, in which two of his co-workers were killed and he suffered serious injuries.

Plans for a freeway to bypass or eliminate traffic congestion and road hazards along the heavily travelled route from Victoria to Nanaimo on Vancouver Island were cancelled during the recession that followed the 1987 stock market crash.

On October 23, 1987, the first program following Black Monday, the show dropped its regular format for a special program where Rukeyser interviewed three experts on the impact of the stock market crash.

On December 7, 1987, Pacific Southwest Airlines Flight 1771, bound from Los Angeles International Airport to San Francisco, was cruising above the central California coast when a disgruntled USAir employee aboard the plane shot his ex-supervisor, both pilots and then himself, causing the airplane to crash near Cayucos.

Their children were Dean Paul ( November 17, 1951-March 21, 1987 ; plane crash ), Ricci James ( born 1953 ) and Gina Caroline ( born 1956 ), whose marriage made Dean the father-in-law of The Beach Boys ' Carl Wilson.

* In 1987, the entire roster of Peruvian football team Alianza Lima died in an air crash.

However, the one-day crash of Black Monday, October 19, 1987, when the Dow Jones Industrial Average fell 22. 6 %, was worse in percentage terms than any single day of the 1929 crash.

In a case of especially bad timing, this came only a week before the 1987 stock market crash.

Writing in 1993, Jane D ’ Artista and Tom Schlesinger noted that “ the ongoing integration of financial industry activities makes it increasingly difficult to separate banking and securities operations meaningfully ” but rejected Glass-Steagall repeal because “ the separation of banking and securities functions is a proven, least-cost method of preventing the problems of one financial sector from spilling over into the other ” ( which they stated was “ most recently demonstrated in the October 1987 market crash .”)

It first came into use in the early 1980s and largely faded from American popular culture in the late 1980s, due to the 1987 stock market crash and the early 1990s recession.

Later, the word lost most of its political connotations and, particularly after the 1987 stock market crash, gained the negative socio-economic connotations that it sports today.

Dean Martin's son, Dean Paul Martin, had died in a plane crash in March 1987 on the San Gorgonio Mountain in California, the same mountain where Sinatra's mother, Dolly, had been killed in a plane crash ten years earlier.