On this day

January 22, 1988

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

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Headlines from January 22, 1988

Profit at Recovering BankAmerica

By Andrew Pollack, Special To the New York Times

LEAD: In a further sign that it is recovering from several years of losses caused mainly by bad loans, the BankAmerica Corporation today reported a fourth-quarter net income of $60 million, or 27 cents a share.

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A Family Quarrel on Wall St.: Kidder vs. G.E.

By James Sterngold

LEAD: Nothing irritates investment bankers more than losing a shot at the huge fees they can earn for arranging major corporate deals. And when the investment banking firm's own parent is the one that snatches the deal away, tempers can flare.

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U.S. Bonds Advance on Japan Report

By Michael Quint

LEAD: Treasury bond prices rose nearly a point yesterday in response to a report that the Bank of Japan was considering a large increase in its buying of longer-term Treasury issues.

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Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of January 20, 1988, covering January 22, 1988.

  1. 1
    Album cover for Tiffany by Tiffany

    Tiffany

    Tiffany

    Last week
    3
    Peak
    1
    Weeks
    18
  2. 2
    Album cover for Faith by George Michael

    Faith

    George Michael

    Last week
    1
    Peak
    1
    Weeks
    10
  3. 3
    Album cover for Dirty Dancing by Soundtrack

    Dirty Dancing

    Soundtrack

    Last week
    2
    Peak
    1
    Weeks
    19
  4. 4
    Album cover for Bad by Michael Jackson

    Bad

    Michael Jackson

    Last week
    4
    Peak
    1
    Weeks
    18
  5. 5
    Album cover for Whitesnake by Whitesnake

    Whitesnake

    Whitesnake

    Last week
    5
    Peak
    2
    Weeks
    41

Notable Births

Greg Oden

1988Greg Oden, American basketball player[†]

Gregory Wayne Oden Jr. is an American former professional basketball player. Oden, a 7 ft 0 in (2.13 m) center, played college basketball for the Ohio State Buckeyes for one season, during which the team was the Big Ten Conference regular season champion and Big Ten Conference men's basketball tournament champion with Oden as the tournament MOP. Additionally, Oden and the Buckeyes were the tournament runner-up in the NCAA Men's Division I Basketball Championship.

Marcel Schmelzer

1988Marcel Schmelzer, German footballer[†]

Marcel Schmelzer is a German former professional footballer who spent his entire career for Bundesliga club Borussia Dortmund, serving as captain from 2016 to 2018. Mainly deployed as a left-back, he was capped by Germany at international level.

Historical Context for January 22, 1988

In 1988, the world population was approximately 5,141,992,542 people[†]