Coleman Sees Opportunity in Sequestration Job Cuts

March 4 (Bloomberg) -- Timothy Coleman, head of restructuring and reorganization at Blackstone Group LP, talks about the automatic, across-the-board budget cuts by the federal government and the impact on business growth. Coleman, speaking with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers," also discusses municipal bankruptcies, the distressed debt market, President Barack Obama's cabinet nominations and the planned merger between US Airways Group Inc. and AMR Corp, the parent of American Airlines. (Source: Bloomberg)

The Rise of South Korea's 'U-Turn Freshmen'
06:55 - South Korea has some of the most highly educated people in the world. More than half have a degree, and yet, the future is looking grim. Jobs are increasingly scarce, and youth unemployment is setting unwanted records. Bloomberg's Shery Ahn reports from Seoul. (Source: Bloomberg)
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