On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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LEAD: BECAUSE some families are finding it more and more difficult to take a job in an area where there is an expensive housing market, a growing number of companies are beginning to extend a level of housing assistance to all employees that was once reserved for only the highest corporate ranks.
LEAD: CONSTRUCTION is expected to begin here next summer on a two-year, $120 million mixed-use complex along the Arizona Canal in this next-door neighbor to Phoenix.
LEAD: A BILL that would allow foreign banks to acquire banks in New Jersey is causing some banking experts to ask whether this is a natural progression for the state's growing economy or a conduit for giving it away.
LEAD: Drexel Burnham Lambert Inc.'s dramatic decision to plead guilty to six felony counts of fraud last week and pay $650 million in fines for violating securities laws, comes at a critical juncture for the United States business community. It occurs as the nation is groping to find an appropriate balance between unbridled free enterprise and constricting regulation, between short-term gains and long-term prosperity, between papering over deep economic problems and devising substantial solutions to them.
LEAD: None of the traditional lights or decorations were strung up around this hilltop Palestinian town this morning, the biblical birthplace of Jesus, as the Arab residents, most of them Christians, protested the continued Israeli rule and mourned the more than 300 dead of the yearlong uprising.
Music on My Birthday
The Top 50 albums for the chart week of December 21, 1988, covering December 25, 1988.
Anita Baker
U2
Soundtrack
Guns N' Roses
Bon Jovi
1988Eric Gordon, American basketball player[†]
Eric Ambrose Gordon Jr. is a Bahamian-American professional basketball player for the Philadelphia 76ers of the National Basketball Association (NBA). In high school, he was named Indiana Mr. Basketball during his senior year while playing at North Central High School. He is known, in part, as the subject of a recruiting competition between the University of Illinois and Indiana University in the spring and summer of 2006; because of Gordon's talent and high level of play that year, his recruitment was the subject of media coverage.
1988Lukas Hinds-Johnson, German rugby player[†]
Lukas Hinds-Johnson is a German international rugby union player, playing for the RK 03 Berlin in the Rugby-Bundesliga and the German national rugby union team.
1988Joãozinho, Brazilian footballer[†]
João Natailton Ramos dos Santos or simply Joãozinho is a Brazilian professional footballer who plays as a right or left winger for Brasiliense.
1988Shōhei Ōoka, Japanese author and critic (born 1909)[†]
Shōhei Ōoka was a Japanese novelist, literary critic, and lecturer and translator of French literature who was active during the Shōwa period. Ōoka belongs to the group of postwar writers whose Pacific War experiences at home and abroad figure prominently in their works. Over his lifetime, he contributed short stories and critical essays to almost every literary magazine in Japan.
1988Edward Pelham-Clinton, 10th Duke of Newcastle, English entomologist and lepidopterist (born 1920)[†]
Edward Charles Pelham-Clinton, 10th Duke of Newcastle-under-Lyne, was an English lepidopterist and military officer as well as Duke of Newcastle for less than two months at the end of his life, inheriting the titles from a third cousin. He was thus briefly a member of the House of Lords.
In 1988, the world population was approximately 5,141,992,542 people[†]