"Judging from the recent YPF and Bankia experiences (among many others to include IndyMac, Hokkaido Tokushokku bank, Long Term Credit Bank, Nippon Credit Bank, Long- Term Credit Bank, RBS, HBOS, UBS, Credit Lyonnais and Sparkassen) partial and full nationalization always remains in the governmental quiver"

Good timing (or maybe, poor), depending upon one's outlook.

Mortgage Crisis in France - Bank Bailout required?

To quote from the article:
A direct nationalisation would likely mean some form of capital injection - an unpalatable outcome given the new government rhetoric and the fact that the existing owners' stake would have to be wiped out. CIF is 100% owned by 56 regional cooperative entities.
Just imagine - a newly elected President who wants to take on the banks, may have to as one of his first acts in office, bailout a bank.

Why do I hear echos of 2008 in my head (see Bear, Stearns and both the Bear Stearns High-Grade Structured Credit Fund and the Bear Stearns High-Grade Structured Credit Enhanced Leveraged Fund - Re: Subprime mortgages).

President Hollande - Welcome, now you get to find out that governing ain't easy.