We need to have strong capital standards for savings and loans.
"If the problem really is that capital standards are too high, we can't do anything about that."
It is not, in our opinion, an attack on capital standards.
"We support 100 percent the capital standards in the Bush plan."
Many analysts believe that the company will be able to raise the additional $7 billion or so to comply with the higher capital standards.
This capital standard has become more stringent in recent years.
First, the Government needs to set high capital standards, above current levels.
And capital standards have been going up for banks, not down.
What we need instead is a global race to the top, including stronger capital standards, as I've called for today.
They would fundamentally undermine the capital standards for our industry.