Write-Offs: 07.16.14

$$$ Ackman Plots Takedown Of Herbalife Nutrition Clubs [NYP]

$$$ Murdoch Open to Bid Above $75 Billion for Time Warner [Bloomberg]

$$$ Wall Street’s top cop talks first trial loss [CNBC]

$$$ What DOJ Won’t Tell Critics: It Might Be Too Late to Put Bankers in Handcuffs [BusinessWeek]

$$$ On Saturday night in the small town of Sankt Michael in Lungau, a massive sausage was stolen by a person or persons unknown, according to a report by Austrian state broadcaster ORF. Known as a mortadella, the 80 kg (176 pounds) specimen was not even the largest one available to the thieves – but given it weighs as much as a grown man, it’s probably all they could carry. [The Local]

$$$ Yellen defends Fed independence, faces House Republican criticism [Reuters]

$$$ Buffett’s Achilles’ Heel: Investing in Retail [WSJ]

$$$I made my husband try a sex robot” [Salon]