GoldenTree Asset Management’s Steve Tananbaum says the old playbooks in distressed-debt investing no longer work. In this interview excerpt, he explains why investors need to use restructurings as “platforms” for mergers and acquisitions. He calls it “Distressed 3.0.” Tananbaum spoke exclusively with Erik Schatzker on Bloomberg’s “Front Row. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/