I think we captured this correct balance when we said, after the meeting of the governance body of the Basel Committee, on September 7th that we were requiring banks to move expeditiously to raise the level and quality of their capital to the new standards (which will be calibrated by end 2010) but in a manner that promotes the stability of national banking systems and the broader economy.
That being said there are today ways for banks in Europe that need more capital to get it. For instance the recapitalisation option that has been set up by Governments is only utilised at the level of 55 %.