(S (S (PP (IN In) (NP (BASENP (NNP October)) (PP (IN of) (BASENP (NN 2008))))) (COMMA ,) (S (NP (BASENP (NNP Iceland) (POS 's)) (BASENP (NN banking) (NN sector))) (VP (VP (VBD collapsed)) (CC and) (VP (VBD was) (VP (ADVP (RB largely)) (VBN nationalised)))))) (PERIOD .))