Can The United States Nationalize Many More Banks Even If It Wants To?

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CNBC stuck Dick Bove and Cramer on the tube and primed the nationalization pump. "Is it possible in your view that the U.S. Government could nationalize some banks?"
Yeah, pretty much not. If by "nationalization" we mean a total takeover, just the debt burden makes the prospect unlikely, sayeth the talking heads.
Choice Cramer Quote: "It's quite obvious that Tim Geithner has disappeared."
I'd start looking on Sir Allen's private island.
Timmeh- if you're out there... and if you are thinking about skipping town (not at all a bad idea) may we recommend a helpful service journalism piece?
Cramer On Bank Nationalization [CNBC]

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