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 October 13, 2011, Raj Rajaratnam, a hedge fund billionaire at the heart of one of the largest insider trading scandals in American history, was sentenced to 11 years in prison by a federal judge in New York. He was released early, in 2019.

Also on this date:

In 1792, President George Washington laid the cornerstone of what would become the White House during a ceremony in the District of Columbia.

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