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Today in History: October 13, Hedge fund billionaire sentenced in insider-trading case

Today is Monday, Oct. 13, the 286th day of 2025. There are 79 days left in the year.

Today in history:

On Oct. 13, 2011, Raj Rajaratnam (rahj rah-juh-RUHT’-nuhm), the hedge fund billionaire at the center of one of the biggest insider-trading cases in U.S. history, was sentenced by a federal judge in New York to 11 years behind bars. He was released early, in 2019.

Also on this date:

In 1792, the cornerstone of the executive mansion, later known as the White House, was laid by President George Washington during a ceremony in the District of Columbia.

In 1932, President Herbert Hoover and Chief Justice Charles Evans Hughes laid the cornerstone for the U.S. Supreme Court building in Washington.

In 1943, Italy declared war on Germany, its one-time Axis partner.

In 1960, the Pittsburgh Pirates won the World Series, defeating the New York Yankees in Game 7, 10-9, on a home run hit by Bill Mazeroski.

In 1972, a Uruguayan chartered flight carrying 45 people crashed in the Andes. In order to stay alive, survivors resorted to feeding off the remains of some of the dead; 16 people were rescued more than two months later.

In 1999, in Boulder, Colorado, the JonBenet Ramsey grand jury was dismissed after 13 months of work with prosecutors saying there wasn’t enough evidence to charge anyone in the 6-year-old beauty queen’s slaying.

In 2010, 33 men were rescued from a collapsed Chilean mine after being lifted one by one in capsules 69 days after they were trapped 2,300 feet (700 meters) underground.

In 2016, Bob Dylan was named winner of the Nobel prize in literature.

In 2021, Hollywood’s Captain Kirk, 90-year-old William Shatner, blasted into space aboard a ship built by Jeff Bezos’ Blue Origin company; the “Star Trek” actor and three fellow passengers reached an altitude of 66.5 miles (107 kilometers) during a flight lasting just over 10 minutes.

Today’s Birthdays:

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