Write-Offs: 1.12.16

Recession 2016; Lacker not worried about China in US; Busted Michigan "Sex Toy Bandits" Make Crowdfunding Pitch For Wedding Funds; and more.
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$$$Junk Bonds Signal 44% Recession Risk in 2016, Fridson Says [Bloomberg]

$$$Bill Gross's Janus Fund Hit With Redemptions of $57 Million [Bloomberg]

$$$U.S. Oil Settles Above $30 After Breaching Mark [WSJ]

$$$Fed's Lacker: China not affecting fundamentals of U.S. economy [Reuters]

$$$Busted Michigan "Sex Toy Bandits" Make Crowdfunding Pitch For Wedding Funds [TSG]

$$$When Restless Billionaires Trip on Their Toys [Dealbook]

$$$IBM bets on mergers and algorithms [FT]

$$$You Can Now Pay To Have Someone Call Your Friend As A Turtle [HP]

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