Week of Jan 26-31, 1988
Financial Corp. of America, the nation’s largest thrift holding company, posts a
fourth-quarter loss of $224.6 million.
President Regan asks FBI Director William Sessions for
a full report on the investigation into spying on critics of the
Administration’s controversial policy in Central America.
A United Airlines 747-SP circles the world in record time -
36 hours.
Rather all-over Bush during interview - Vice President
George Bush compared his confrontation with CBS
anchorman Dan Rather to combat. During the interview,
Bush objected strongly to Rather’s questioning on his
knowledge of the Iran-Contra affair. Many believe Rather was disrespectful of
Bush.
U.S. Surgeon General C. Evertt Koop says he wants to screen every student of a
major American university this spring to help determine the incidence of AIDS
among young adults.
Canada’s highest court throws’ out a 16-year-old law restricting abortions, saying
the regulation constitutes a “profound interference’ with a woman’s body.
Sports - Don’t miss Super Bowl XXII on ABC-TV with
Keith Jackson , Jack Whitaker and Bob Griese.
Radio news -
New in syndication - “The Lost Lennon Tapes.” Yoko Ono
says she decided to make the tapes available for the same
reasons she has overseen the posthumous release of other
Lennon works - “I think that the spirit of sharing is what we
were all about. I have the choice of keeping these tings
locked up. Or to share them. And I think that it’s in John’s
spirit to share them.” Eliot Mintz hosts.
Exercise tapes - Well, Jane Fonda is tops in sales, but Kathy Smith is #2. She’s
got a new video out called “Kathy Smith’s Starting Out.”

Week of Jan 26-31, 1988
Music news -
Bruce Springsteen gives the rock ‘n roll Hall of Fame induction speech for Bob
Dylan. Springsteen said when he first heard “Like A Rolling Stone” it was on
radio station WMCA New York and his mom was in the car - “and I heard a guy
like I had never heard before or since…”
Television news -
On “Saturday Night Live” - Carl Weathers hosts with musical guests Robbie
Robertson and the BoDeans.
On HBO - don’t miss an All Star Toast to the Improv. Hosted by Robert Klein and
featuring Improv graduates.
“The Disney Sunday Movie” will move from ABC to NBC beginning this year with
the new TV season.
Ben Kinchlow - co-host of the “700 Club” resigns. He
had been with the program since 1975. “The 700 Club”
is seen by an estimated 16.3 million households
monthly.