Does it mean something that Alistair Darling - he's the Chancellor, as you may not have noticed - was the one metaphorically sent out of Number 10 (he and Sibyl live upstairs there) as Northern Rock sank to demand old-fashioned banking and cry, "Don't panic" in vain? Until then it was Gordon who'd made the soothing noises when Bad Things happened: the car bombs, the floods, the foot-and-mouth. I recognise that money markets are Alistair's patch and all that, but isn't it a little odd that Gord has disappeared from sight since the squalid episode with Margaret Thatcher, except to utter warm words about Darfur?
Maybe the panic withdrawal of two billion quid - two billion! - doesn't qualify as a big enough crisis for the PM to call for calm. On the other hand, perhaps he anticipated that young Dave would try to pin it all on him and went into hiding accordingly. If so, his self-preservation instinct was sound. Yet Cameron's piece in today's Sunday Telegraph and George Osborne's remarks to the BBC have a wishful-thinking feeling about them. There will have to be worse things for Alistair to defend before enough people start blaming Gordon for them. But what if those things are on their way?