Using Wildcards to Replace HTML Code

I've got a table with a description field.  This field is being stored with html code interspersed throughout it.

Example:

<! 2012-11-10 00:02:22 wscalercio >  <p>&nbsp;</p>  <p>Program not responding &ndash; Killed program process</p>

I'd like to get rid of all the html code.  I know in Excel, I can do a search for <*> and replace it with a blank space and then anything between < and > is gone.  I can't figure out how to accomplish this in SSRS. Is there a way?