One is that there were more timely and effective corrective actions taken in the US to repair banks’ balance sheets than has been the case to date in Europe, both by government authorities and by the banks themselves.
I intend to do my best, together with you, to ensure that this plan will produce more timely and better results. As you are well aware, however, the plan in itself is just one institutional instrument. What really matters is that people’s mindset must change.