Yay Gordon Brown!
Although it's doubtful that bad Bank practices that are being "just now discovered" is sufficiently adequate in describing the current mayhem, and that financial institutions needs to be scrupulously regulated only now. In fact government regulation and intervention needs to be publicly recognized and permanent, which even Obama hasn't had the guts to step out and openly admit to.
Not gonna talk about politics, but we need some straight shooters.
Government intervention and implementing banking laws does NOT equal nationalization or communism.