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.
Tupac Shakur was shot and wounded outside Manhattan's Quad Studio in 1994 - two years before he was fatally shot in Las Vegas. A convicted killer has stepped forward to say he was behind the 1994 robbery and shooting of Tupac Shakur that fueled the bloody rivalry many blame for the rapper's murder two years later.