Puerto Rico's governor says default 'looms large'

NEW YORK/SAN JUAN (Reuters) - Puerto Rico Governor Alejandro Garcia Padilla said that default "looms large" and that starting on Tuesday, the commonwealth would "claw back revenues" pledged to certain bonds issued in order to maintain public services. The commonwealth has been speculated to default on all or part of its $355 million notes issued by the U.S. territory's Government Development Bank, due Dec. 1. "The imminence of a default when presented with the alternative between paying creditor