Daryl Gates becomes the LAPDs 49th chief; Michael Milken moves to Beverly Hills to head Drexel Burnham Lamberts high-yield bond department;
Chris Burdens Money Tree installation on Venice boardwalk; Luis Valdezs Zoot Suit premieres at Mark Taper Forum;
L.A. Reader publishes first issue; L.A. Weekly publishes first issue;
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Zubin Mehta steps down from L.A. Philharmonic after conducting it for 16 years;
City of L.A. offers $140,000 in individual rewards to solve Los Angeles Hillside Strangler slayings;
Gloria Allred forms Womens Equal Rights Legal Defense and Educational Fund.