It's hard to see any way letting failed businesses collapse - the scenario the Labour party, from Gordon Brown back, has thrown vast amounts of public money at preventing at all costs, while the Conservative one has been pilloried for allowing them and the resulting job losses - is a "socialist policy". Northern Rock might have been doomed, but I'm sure Salmond would eat his own liver before letting the Royal Bank of Scotland and the Bank of Scotland collapse! I certainly see some potential advantages in letting them fold and dealing with the mess through established bankruptcy procedures (essentially, sell off the assets to cover the debts, transfer customers to other banks), but it's hard to be sure if that would really have been better overall than the approach they did use.socialist policies - chiefly, letting broke banks sink