- December 8
- The ichiwa-kai is formed as a result of an internal struggle for succession within the yamaguchi-gumi.
- Chief Justice Warren E. Burger considers stepping down from the Supreme Court of the United States to lead a campaign marking the 1987 bicentennial anniversary of the country's Constitution but decides to remain.
- Liam O'Connor is born.
- USA Vice-President George H. W. Bush is among those indicted for the Iran–Contra affair and is unable to run for the 1988 presidential election (won by Michael Dukakis) 
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