Write-Offs: 05.17.10

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$$$ "In one way, it's nice to run less money," said Mr. Gundlach, chief executive of the Los Angeles asset-management firm. But in another way, he said, "I like to think of myself as a big-time bond-fund manager." [WSJ]

$$$John Paulson Hedge Fund Added to Bank of America Holding in First Quarter [Bloomberg]

$$$ Analyst: Arby's performance 'amongst the worst in modern restaurant history' [NYDN]

$$$Meredith Whitney: Investors Should Avoid Banks 'At All Costs' [CNBC]

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