It means that financial institutions need to understand the effects their actions will have on consumers and the country as a whole, and factor those considerations in to their business decisions. This is the high road – a moral and economic imperative that must be the driving purpose that unifies and animates our efforts.
First, these institutions are required to hold, and now do hold, much higher levels of higher-quality capital, as measured by both risk-based ratios and a much more comprehensive leverage ratio.