I've read Alistair Darling's speech to the Labour party conference yesterday. He said:
We need to be able to separate out ordinary savers money. Paying it out quickly. We need effective regulation in international markets too. Far greater openness and to prevent risky investments being hidden off the balance sheet. Effective supervision for banks, here and across the world.
It's in all our interests to learn from what's happened and we are ready to take the lead and take whatever action is needed. And, we will continue to take that action on the basis of the long term interests of our people and our country.
As just about the only commentator that's talked about the financial structure of Northern Rock in this context, I'm waiting for the call from the Treasury. Seriously.
Action is possible. All he needs to provide is the willing.