Irish `War Cabinet' May Seek Senior Bank Bond Restructuring as Debts Rise

By Colm Heatley - Mon Mar 07 00:01:18 GMT 2011 Ireland's incoming government said it may need to introduce laws allowing the restructuring of some senior bank bonds, as the country's debt level risks becoming “unsustainable. ...

Read more at: http://www.bloomberg.com/news/2011-03-07/irish-war-cabinet-may-seek-senior-bank-bond-law-as-debts-rise.html