Write-Offs: 01.14.11

$$$ PIMCO Cuts US Holdings, Sees Outflows [WSJ]

$$$ El-Erian: 'Exciting Time' for Investors Despite Debt Issues [CNBC]

$$$Programming note: we'll be off for the holiday, enjoy the long weekend and see you Tuesday!

$$$ AIG Repays Fed, Swaps Treasury Investment for Stock [Bloomberg]

$$$ Gucci Mane gets ice cream tattoo on face following release from mental health facility [NYDN]

$$$ Struck Out On Facebook Stock? Maybe Goldman Will Sell You Some Options [Deal Journal]