Write-Offs: 1.12.16
$$$Junk Bonds Signal 44% Recession Risk in 2016, Fridson Says [Bloomberg]
$$$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]