Judge Laura Swain to Preside Over Puerto Rico Bankruptcy

Supreme Court Chief Justice John Roberts has tapped Federal Judge Laura Swain to preside over the bankruptcy proceedings of Puerto Rico. This is going to be a difficult case that has been percolating for several years now as the U.S. territory has tried to figure out its $123B debt situation. After presiding over cases like SAC's and Bernie Madoff, she's got the reputation for handling cases like this well.