http://news.bbc.co.uk/1/hi/business/7249575.stm
All a bit surreal, I liked this quote though:
"We now have the situation where the government will be making decisions on whether or not to foreclose on people's loans in a falling housing market," he added.
I think everyone's a bit stunned by it!
There's no doubt the whole thing is pretty much a disaster though. Of course, the massive lay-offs that have already been announced won't dampen leftist enthusiasm for nationalisation.