If for no other reason, it means that the amount of money you need to be approved for is lower, thereby improving your chances that an institution will be willing to take a risk on you.
Adequate capital levels lower the likelihood that an institution will fail and lower the costs to the rest of the financial system and the economy if one does.
True, individual cabinet secretaries will be in the news from time to time, but the cabinet as an institution will be all but forgotten.
A student interested in playing baseball at an institution will get updates every time there is new information about the sport on the college's Web site.
From time to time, consultants recommend the firing of money managers, but it is rare that an institution will be unhappy enough to look for another consultant.
"The more that individual justices are drawn into public debates, the more the court as an institution will be seen in political terms, which was not the intent of the founders".
