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.
In Tupac's world, art and reality became tragically blurred, culminating with his 1996 murder in Las Vegas. Shakur was the son of Black Panther Party members Billy Garland and Afeni Shakur (Shakur is Arabic for thankful to God), who was in jail (and later acquitted) on bombing charges while pregnant with him. Sometime after his birth, he was named Tupac Amaru, for an Incan chief whose name translates as shining serpent..