Ireland open to talks on senior debt - report | Reuters
That's another corner turned then."Can there be discussions between banks and senior bondholders for mutual advantage? Of course there can be," Brian Lenihan told the newspaper while on a roadshow in New York.
Finally a hint that debt restructuring is on the way.
(And if senior debt is up for discussion, the more junior variety has surely been cut into squares and hung up on a rusty nail in the outside toilet)