Ah, the return of Peter Mandelson (round 3)

[waider]

INCOMING business secretary Peter Mandelson warned yesterday that the EU could be hit by a surge of “economic nationalism” after European governments enacted a series of unilateral moves to shore up their financial systems at the expense of other member states. (link)

And today:

The British government has announced a part-nationalisation of the country's eight main banks with a bailout worth up to £50bn. (link)

I can see Mr. Mandelson is getting on just fine with his new coworkers.