[url]http://news.bbc.co.uk/1/hi/business/7641193.stm[/url]
[QUOTE][b]B&B nationalisation is confirmed[/b]
Mortgage lender Bradford & Bingley (B&B) is to be nationalised, the government has confirmed.
The government will take control of the bank's £50bn mortgages and loans, while B&B's £20bn savings unit and branches will be bought by Spain's Santander.[/QUOTE]
...there goes my shares. Oh, and the entire world economy.