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December 18th In NYC History

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On this date in...

1956...A season after retiring from the New York Yankees, star shortstop Phil Rizzuto rejoins the team as a broadcaster – a position he'll hold for the next 40 years.

1987...Wall Street whiz Ivan Boesky gets three years in prison for his role in an insider trading scandal. Then-U.S. Attorney Rudolph Giuliani lauds the sentence as a way to deter white-collar crime.