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, at approximately 11:15 pm, Tupac Shakur was struck by four of twelve or thirteen shots fired from one vehicle to the next in the middle of the street, with bullets hitting him in the chest, the pelvis, and his right hand and thigh. One of the rounds apparently ricocheted into Shakur's right lung.