Building on that experience and other lessons learned from the recent financial crisis, we have reoriented our supervision of the largest, most complex banking firms to include greater use of horizontal, or cross-firm, evaluations of the practices and portfolios of firms, improved quantitative surveillance mechanisms, and better use of the broad range of skills of the Federal Reserve staff.
As Mr. Kim mentioned just now, this industry is knowledge-based and needs a lot of talented people. Therefore, we shall say that the corporate governance in this field is notably different from that in the traditional industries.