While the study suggests that confidence in the standards will improve with familiarity, as investors and analysts educate themselves the debate will move to the standard-setting process as well as the governance of the International Accounting Standards Board.

FORBES: U.S. Exceptionalism and Accounting Standards: Investors' Viewpoint

But, with Latinos under siege in the immigration debate, maybe they were too busy defending themselves to take shots at African-Americans.

CNN: Commentary: Black-brown friction waste of energy

Prof Bogdanor told Today presenter James Naughtie that retired members of the armed service "have every right to take part in the political debate, " but added that former personnel "must not appear to align themselves with a political party, " particularly in the build up to a general election.

BBC: Guthrie comments 'beyond acceptable'