Bond insurance. Bond insurance (also known as financial guaranty insurance) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security.
Tupac Shakur dies. Hip hop star Tupac Shakur dies on September 13, 1996 of gunshot wounds suffered in a Las Vegas drive-by shooting. More than a decade after his death on this day in 1996, rapper Tupac Shakur remains one of the most recognizable faces and voices in hip-hop.
On September 7, 1996, Tupac Shakur was leaving a boxing event in Las Vegas when he was shot multiple times. Six days later, he was dead at 25. He left behind an ever-increasing fan base, a catalog of music and one of culture's most persistent mysteries.