OGX Default Seen in Bonds as Batista Empire Sinks

OGX Default Seen in Bonds as Batista Empire Sinks

Brazilian billionaire Eike Batista, CEO of EBX Group, during a ceremony in celebration of the start of oil production of OGX, his oil and gas company, in Sao Joao da Barra in Rio de Janeiro April 26, 2012. Photograph: Landov