Worrying if true

From ConservativeHome's live blog of David Cameron and George Osborne's press conference.

"Osborne: Labour are not proposing a simple bill to nationalise Northern Rock but to take on powers that will allow ministers to nationalise any financial institution into public ownership at any time in the next year by ministerial dictat."


It wouldn't surprise me if this was true, it would amaze me if the BBC covered this angle.