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 Saturday September 7, 1996, American hip-hop artist Tupac Shakur was fatally shot in a drive-by shooting in Las Vegas, Nevada. He was 25 years old. The shooting occurred at 11:15 p.m. Pacific time when the car with Shakur stopped at a red light at East Flamingo Road and Koval Lane. Shakur was struck by four.40 caliber rounds fired from a Glock: two in the chest, one in the arm, and one in the thigh. He died from his wounds six days later from respiratory failure that led to cardiac arrest aft