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Taper Fears Lead To Biggest Monthly Loss In Bank Securities Portfolios Since Lehman

Wondering how the blow out in interest rates is impacting commercial banks, which just happen to have substantial duration exposure in the form of various Treasury and MBS securities, not to mention loans, structured products and of course, trillions in IR swap, derivatives and futures?

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Ventura Lawsuit: TSA Pat-Downs Classify as ‘Unlawful Sexual Abuse’

Former Minnesota Governor Jesse Ventura is suing the TSA and Homeland Security for humiliating and ‘offensive’ pat-down procedures he’s been subjected to during airport security checks that included ‘warrantless, non-suspicion-based offensive touching, gripping and rubbing of the genital and other sensitive areas of his body.’ Ventura, who had a hip replacement procedure in 2008, says he was unduly targeted due to his disability. His lawsuit , filed yesterday in Minnesota, claims the pat-downs violated his privacy, his 4th Amendment right and legally meet ‘the definition for an unlawful sexual assault’.” Alex Jones, who traveled with Ventura last September during the production of his “Conspiracy Theory” TV show over the course of multiple flights, witnessed the former governor being groped and inappropriately touched in a pat-down procedure that Ventura faces everytime he travels. “That’s why I want to leave the United States,” Ventura had told Jones at the time. “This