If theyloseconfidence in Washington's ability to protect them, the Perry report notes, they'll kick off a new nuclear arms race that will spread world-wide.
Indeed, it is when investors are blindsided by the very corporate malfeasance and mismanagement that short-sellers seek to root out that theyloseconfidence in the stock market.
Essentially, the accounting measures require banks to take charges when debt investors are bullish by bidding up the bank's debt and gains when theyloseconfidence and sell.