$$$Jefferies Profit Tumbles 83% on Plunge in Bond Trading [Bloomberg]

$$$Mike Mayo really likes Paul Volcker. [Reuters]

$$$Ex-Lehman Brothers Bankers Getting the Band Back Together [WSJ]

$$$Sex doesn't sell: Penthouse publisher goes bust [CNBC]

$$$Ex-JPMorgan Trader Slams Government’s Case [Dealbook]

$$$ According to a North Charleston police report, 54-year-old Vernett Bader was charged with criminal domestic violence of a high and aggravated nature after officers showed up at her Brossy Circle home to investigate reports of an assault with a knife. When officers arrived, Bader was standing outside the house with another man who told police the victim had several cuts on his arms and hands. Bader caused all of the cuts, the report states. When police talked to the victim, he said he had been listening to The Eagles when Bader told him that she did not want to hear the classic rock band's songs. So the man told her to shut up, the report states. Bader responded by allegedly getting a 14-inch serrated bread knife and swung it at the man repeatedly, the report states. The victim wrestled the knife away from Bader, but she came back with another knife before the victim could run and lock himself in the bathroom. The victim said he and Bader used to date, but said while the relationship had ended they still lived together, the report states. [ABC]

$$$Exclusive: Civil settlement does not end JPM's 'Whale' troubles [Reuters]

$$$IMF Says Budget Cutting Needs ‘Speed Limits’ Even Under Pressure [Bloomberg]

$$$ A niece of Vice President Joe Biden was taken into police custody on Tuesday morning for scuffling with cops who were sent to her Tribeca apartment, police sources said. Officers were there to break up a fight between Caroline Biden, 26, and her roommate, police sources told The News...It's not yet clear what the argument with the roommate was about. Caroline Biden...has been in trouble before: She was briefly detained in 2009 by Amtrak police because of a “misunderstanding over a train fare.” [NYDN]