This is an outrage to say the least, for a government that cannot control it's own out of control spending and mismanagement to steal from the people who have money in their banks.  It is exactly what I fear most of our current government, the Democrats, to try to do to us in the U.S.   When they find that their never-ending methods of redistribution of wealth are not enough, our savings and investment accounts will not be safe.  To punish those who have worked hard their whole life and saved for their futures, to give to those who chose not to live responsibly, is a travesty and immoral.  Seizing private property goes against our constitution and the principles of our founding fathers.  But don't think it can't happen here too.