Nationalisation of Northern Rock In October 2008 the chairman Ron Sandler noted that there had been informal talks concerning the idea of the merger with the government, but there had been no subsequent discussion. Sandler did however add "It would not surprise me at some point if a closer look was taken at the method of managing loan books within government-owned banks". In March 2009 Alistair Darling said that he was keeping his options open during the "fast-moving" crisis in the banking industry, and thus not ruling out the possibility of a mortgage book merger between Northern Rock and Bradford & Bingley. On 24
Letts Executive Letts Executive The Letts Executive was the executive of Majority Leader of the Northern Territory Goff Letts, who led the Northern Territory from the implementation of the Northern Territory Legislative Assembly in 1974 until his defeat in his own seat at the 1977 election. It was the first ministry to come from the Legislative Assembly. He was the only head of government of the Northern Territory not to assume the title of Chief Minister of the Northern Territory, as self-government was not granted until 1978. His governments did not have anywhere near the range of powers available to Territory governments