On this day

November 3, 1988

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

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Headlines from November 3, 1988

Mcorp's Risky Strategy

By Thomas C. Hayes, Special To the New York Times

LEAD: Mcorp, the second-largest banking company in Texas, is following a dicey strategy in trying to outlast the ebbing turmoil in the Southwest economy. But internal battles among regulators in Washington, and judicial rulings needed to sort them out, will ultimately decide Mcorp's fate. Major creditors of

Financial Desk1240 words

Man Faces Gun Count After Shooting 2 to Halt Mugging

By James Barron

LEAD: A man who heard a mugging victim screaming and sobbing for help sprinted out of his apartment in Brooklyn late Tuesday night, his .38-caliber revolver in his hand, and fired at two assailants as they grabbed for a watch and gold necklace, the police said yesterday.

Metropolitan Desk954 words

Two Firms Charged As Insiders

By Kurt Eichenwald

LEAD: In an extension of one of the most publicized insider trading cases, a Federal grand jury yesterday charged two stock trading firms and three arbitragers with engaging in a criminal conspiracy to exchange inside information.

Financial Desk1042 words

Koch Cancels Needle Test Near School

By Neil A. Lewis

LEAD: Mayor Koch yesterday ordered the City Health Department to drop plans to give drug addicts clean needles at a neighborhood health clinic in Chelsea because of complaints that the clinic is next door to an elementary school.

Metropolitan Desk575 words

Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of November 2, 1988, covering November 3, 1988.

  1. 1
    Album cover for New Jersey by Bon Jovi

    New Jersey

    Bon Jovi

    Last week
    1
    Peak
    1
    Weeks
    5
  2. 2
    Album cover for Appetite For Destruction by Guns N' Roses

    Appetite For Destruction

    Guns N' Roses

    Last week
    2
    Peak
    1
    Weeks
    63
  3. 3
    Album cover for Cocktail by Soundtrack

    Cocktail

    Soundtrack

    Last week
    3
    Peak
    3
    Weeks
    13
  4. 4
    Album cover for Hysteria by Def Leppard

    Hysteria

    Def Leppard

    Last week
    4
    Peak
    1
    Weeks
    64
  5. 5
    Album cover for Rattle And Hum (Soundtrack) by U2

    Rattle And Hum (Soundtrack)

    U2

    Last week
    14
    Peak
    5
    Weeks
    2

Notable Births

Diante Garrett

1988Diante Garrett, American basketball player[†]

Diante Maurice Garrett is an American basketball coach and former professional player who is an assistant coach for the Iowa State Cyclones. He played college basketball for the Cyclones from 2007 to 2011.

1988Jessie Loutit, Canadian rower[†]

Jessie Loutit is a Canadian rower.

Notable Deaths

Henri van Praag

1988Henri van Praag, Dutch philosopher, theologian, and educator (born 1916)[†]

Naphthali ben Levi (Henri) van Praag was a Jewish-Dutch writer, teacher, and religious historian, and became known also for his publications in the field of parapsychology.

Historical Events

Sri Lanka

1988Sri Lankan Tamil mercenaries attempt to overthrow the Maldivian government. At President Maumoon Abdul Gayoom's request, the Indian military suppresses the rebellion within 24 hours.[†]

Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian peninsula by the Gulf of Mannar and the Palk Strait. It shares a maritime border with the Maldives in the southwest and India in the northwest. Sri Jayawardenepura Kotte is the legislative capital of Sri Lanka, while the largest city, Colombo, is the administrative and judicial capital which is the nation's political, financial and cultural centre. Kandy is the second-largest urban area and also the capital of the last native kingdom of Sri Lanka. The most spoken language Sinhala, is spoken by the majority of the population. Tamil is also spoken by approximately five million people, making it the second most-spoken language in Sri Lanka.

Historical Context for November 3, 1988

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