With the exception of Nicola Sturgeon, nobody is relishingthe prospect of a hung Parliament.
Investors will be particularly wary, especially if they hold shares in Barclays (LSE: BARC), HSBC Holdings (LSE: HSBA), Lloyds Banking Group (LSE: LLOY) (NYSE: LYG.US) or Royal Bank of Scotland Group (LSE: RBS).
The banks have grown used to being whipping boys since the financial crisis (often deservedly so).
They arealso accustomed to beingtreated as ATMs byany politician witha spending commitment they want to pretend is properly funded.
Last year, shadow chancellor Ed Balls pledged to revive the windfall tax on bank bonuses if Labour wins power, originally imposed by Alistair Darling in 2009.
But Labour isnt the only party the big banks have to fear.
In last months Budget, Chancellor George Osborne announced a 5.3bn tax grab on the banks, by raising the bank levy for the eighth time in four years. This tax is now four times higher than originally proposed in 2010.
Taken with measures announced in last Decembers Autumn Statement, the banks will pay an extra 9.3bn in taxes.
Remember, Mr Osborne is supposed to be a business-friendly Conservative chancellor.
Now imagine whatpoliticians will threatenif we get a hung Parliament, and months of unseemly horse trading.
While the Tory-Lib Dem coalition was sewn up in just a few days, negotiations could be far more stretched at this time.
Picturea patchwork government of Labour, the Scottish Nationalists and Plaid Cymru. Andmaybe even the Greens.Then considerthe spending pledges a weakened Mr Miliband would make to keep everybody happy.
How would he pay for them? Hmm
The Scottish Nationalists have nothing to lose by attacking the London-based banking sector, and plenty to gain both financially and politically.
The longer it all goes on, the worse it will be for the banks. HSBC is already threatening to decamp. It may be making idle threats for now, but a hung Parliament couldgive it the incentive to get off its backside.
The bankers are nervouslykeeping their heads down. Witness the refusal of major banking figures to back any Conservative policy during this election campaign.
The campaign has already seen Labour threats to introduce higher taxes for the banks and a market share test for the biggest lenders. The Lib Dems want banks to pay a higher rate of corporation tax thanother sectors.
I can hardly guesswhat punitive wheezes politicians will conjureto fund all the giveaways needed to keep the next coalition together.
A hung Parliament could leave investors in the big banks feeling drawn and quartered.
Why play a game of political risk when there are more exciting investment opportunities out there?
Instead of gambling with your portfolio you might want to direct your attention is to what Motley Fool analysts have singled out asone stock poised for global domination.
This company looks ready to explode, with its sales on course to triple in the next five years.
Full details of this exciting buying opportunity are available in a brand-new report 3 Hidden Factors Behind This Daring E-commerce Play.
To find out more for free,click here now.
A Bigger Piece Of A 4 Billion Pie?
This fast-growing pharmaceutical business could be all set to become a potential blockbuster.
Recent approvals in Europe and Japan of its latest niche drug means it can now tap a market worth an estimated 4bn a year potentially doubling its sales in the process.
Thats just one of the reasons why our Motley Fool analysts think this under-the-radar innovator could be among the big winners of tomorrow.
To find out more, click here to download this FREE small-cap report now
Harvey Jones has no position in any shares mentioned. The Motley Fool UK has recommended HSBC Holdings. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.