Chris - lol - I just saw this.
Anyway, it could happen, though Geithner seems determined not to wipe out the common. (thinking of last nights gift to Citi shareholders)
I think they've deeply analyzed nationalization and realize how problematic it would be - they clearly want to avoid it at all costs. Its true at some point their hand could be forced, but it seems apparent that if they can possibly avoid it they will.
Money's just something you need in case you don't die tomorrow.