Ya know how when you apply for a loan or whatever, you’re supposed to tell the truth about your finances?

Your bank doesn’t want to and their lobbying group is asking you to help them.

From Bloomberg:

The American Bankers Association opposes the Financial Accounting Standards Board’s plan to apply fair-value rules to all financial instruments, including loans, rather than just to securities. The group says the rule could make strong banks appear undercapitalized.

The association’s website, noting that FASB’s stated mission is to serve investors, provides a sample letter for people writing to the board and suggests they focus on why the proposal isn’t “useful for investors.”