Singh: `A Very Tough World of Restructuring Ahead'

Nov. 13 (Bloomberg) -- Dinakar Singh, chief executive officer at TPG-AXON Capital Management, discusses worry over the impending fiscal cliff and the global need for governments to contract. He speaks on Bloomberg Television's "Market Makers."

Puerto Rico Avoids Default, Makes Dec. Payments
40:31 - Puerto Rico said it made all principal and interest bond payments due Tuesday, averting a default on directly guaranteed debt and allowing the commonwealth to continue talks with creditors to reduce its $70 billion debt burden. Bloomberg's Michelle Kaske reports on "Bloomberg Markets." (Source: Bloomberg)
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