1961The 23rd Amendment to the Constitution was ratified, allowing Washington, D.C., residents to vote for president and vice president.1989Michael Milken, the Junk Bond King, was indicted in New York on charges relating to insider trading. Milken pleaded guilty to lesser charges and was sentenced to 10 years in prison, fined $600 million and permanently barred from the securities industry. His sentence was later reduced to two years in exchange for his testimony against his former colleagues.