You will see nationalization in BAC and C before you will see WFC get nationalized, which is NOT going to happen IMHO. I think it is definitely going lower as concerns from wachovia mount, but if there are any banks that are worth buying I think WFC and JPM are the two to place the bets on. WFC is the most prudent lender around, I would know since I work there and get to see all of the personal lines, credit cards, and home refi's get declined one after another. They will lend, but only to those who do not need to borrow!