G30 Advocates Nationalization

The group of 30 is a group of most respected economists from all around the world. Members include Krugman, Volcker, Summers and Geithner. According to it's latest report Volcker urges

1. limiting the size of banks to prevent the "too big to fail" quality.
2. monitoring executive pay
3. regulating hedge funds.
   

With the situation with BofA one can see where this is going.