@David WIlson
"Well, deposits up to a decent level were automatically covered, so no individual would have lost the lot, and most people would have been fully covered.
Someone with an account below the compensation limit could have invested their money quite safely, as long as the bank was a UK one, covered by the scheme."
I suspect this was a major reason why they bailed the banks out. The financial compensation scheme simply couldn't have covered the losses that would have occured and the compensation claims, so either it would have fallen (which would have been a disaster for the industry), or the government would have had to step in. So, don't think the compensation scheme protected anyone from these banks failing......it simply doesn't have the assets available.
"Is downloading a criminal offence in the USA or is it the uploading (including making stuff available P2P) that is potentially criminal, similar to what (I think) is the UK situation?"
I was not talking about allowing people to download copyright violating material. I said they could either filter the material, or more likely, simply log who downloads what. Then, when the copyright violating files are identified, the people can be prosecuted for downloading. In the UK, both uploaders and downloaders are potentially liable to prosecution, although it tends to be uploaders that are chased as they make the material available and are generally easier to find.
"Have they actually taken an option yet?"
Agreed, they have not. But, given that the US have taken the nuclear option so many times in their history (and are now reaping the benefits), I think it likely.