On October 17, 1918: Actress Rita Hayworth was born in Brooklyn. She was best known in her role in the 1946 film Gilda and thus became known as the ultimate femme fatale. She passed away in 1987 as a star and a pop-culture icon.
On October 17, 1915: Playwright and essayist Arthur Miller was born in Harlem. A prominent figure in American theatre, Miller wrote numerous acclaimed dramas, including Death of a Salesman, The Crucible, and View from the Bridge.
SAVED BY THE BELL
On October 17, 1975: Albert Shanker and the NYC Teacher’s Union helped save the city from bankruptcy by investing $150 million in municipal bonds from their retirement fund. The money from the Teacher’s Union saved the City from announcing bankruptcy, to which it was very close.