On this day

March 27, 1980

Revisit the music, news, notable people, and historical moments connected to this date.

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Headlines from March 27, 1980

TWO MAJOR LENDERS PLANNING CUTBACKS IN CONSUMER CREDIT; RESTRICTIVE ACTIONS GROWING Beneficial Corp. to Close Over 100 Branches--Bank of America to Tighten Its Loan Rules Company's Nationwide Plans 2 Big Consumer Lenders Plan Credit Cutbacks Lending in California Variable Usury Ceilings

By Robert A. Bennett

The credit squeeze on consumers tightened yesterday as two of the nation's largest lenders to individuals, the Beneficial Corporation and the Bank of America, announced cutbacks in their lending activities.

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Issue and Debate; Are Tax Credits Conserving Energy? The Background Issue and Debate Are Tax Credits Conserving Energy? For Increasing Credits Against Increasing Credits The Outlook

By Michael Decourcy Hinds

ARE the existing tax credits, designed to encourage energy conservation and the development of alternative energy sources, doing their job? And, if so, are the higher tax credits now on their way through Congress really needed? Predictably, most homeowners and manufacturers of energy-saving products favor the credits, but many others find fault with them.

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Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of March 26, 1980, covering March 27, 1980.

  1. 1
    Album cover for The Wall by Pink Floyd

    The Wall

    Pink Floyd

    Last week
    1
    Peak
    1
    Weeks
    16
  2. 2
    Album cover for Against The Wind by Bob Seger & The Silver Bullet Band

    Against The Wind

    Bob Seger & The Silver Bullet Band

    Last week
    9
    Peak
    2
    Weeks
    3
  3. 3
    Album cover for Mad Love by Linda Ronstadt

    Mad Love

    Linda Ronstadt

    Last week
    3
    Peak
    3
    Weeks
    3
  4. 4
    Album cover for Damn The Torpedoes by Tom Petty And The Heartbreakers

    Damn The Torpedoes

    Tom Petty And The Heartbreakers

    Last week
    2
    Peak
    2
    Weeks
    21
  5. 5
    Album cover for Bebe Le Strange by Heart

    Bebe Le Strange

    Heart

    Last week
    5
    Peak
    5
    Weeks
    4

Notable Births

1980Sean Ryan, American football player[†]

Sean P. Ryan is a former American football tight end in the National Football League (NFL) for the Dallas Cowboys, New York Jets, Miami Dolphins, New Orleans Saints, San Francisco 49ers and Kansas City Chiefs. He was drafted by the Dallas Cowboys in the fifth round of the 2004 NFL draft. He played college football at Boston College.

1980Michaela Paštiková, Czech tennis player[†]

Michaela Paštiková is a retired tennis player from the Czech Republic.

1980Maksim Shevchenko, Kazakhstani footballer[†]

Maksim Igorevich Shevchenko is a Kazakhstani professional football coach and former player. He works as a deputy director at the academy of the Russian club Lokomotiv Moscow. He also holds Russian citizenship.

Notable Deaths

1980Steve Fisher, American author and screenwriter (born 1912)[†]

Stephen Gould Fisher was an American author best known for his pulp stories, novels and screenplays. He is one of the few pulp authors to go on to enjoy success as both an author in "slick" magazines, such as the Saturday Evening Post, and as an in-demand writer in Hollywood.

Historical Events

Alexander L. Kielland (platform)

1980The Norwegian oil platform Alexander L. Kielland collapses in the North Sea, killing 123 of its crew of 212.[†]

Alexander L. Kielland was a Norwegian semi-submersible drilling rig that, on 27 March 1980, capsized in the Ekofisk oil field in the North Sea, killing 123 people. The capsize was the worst disaster in Norwegian waters since the Second World War. The rig, located approximately 320 km east of Dundee, Scotland, was owned by the Stavanger Drilling Company of Norway and was on hire to the U.S. company Phillips Petroleum at the time of the disaster.

Historical Context for March 27, 1980

In 1980, the world population was approximately 4,447,606,236 people[†]