Will the market's lose patience with Gordon Brown?

Writing in the Spectator Martin Vander Wayer seems to think that well maybe the case.

If and when the next attack sweeps in , it could drive the shares of several banks to worthlessness, forcing the full-scale nationalisations the Treasury has been desperate to avoid and has no real idea how to manage

or on the otherhand it

could radically increase the cost and limit the scale of government borrowing — throwing Brown’s trillion-pound rescue strategy into utter disarray. Within a matter of weeks it might well do both of those things, turning the public-sector balance sheet into a giant version of the crippled banks to which other banks refuse to lend.

But more importantly he believes

The narrative that Brown wants us to believe is one in which he, and only he, has the power to defy markets, command the economy and bring justice on ‘irresponsible bankers’. But that is a truth-denying, solipsistic fantasy, and the market has seen through it