SPEECH - In the speech 'Implementing the New Basel Accord' William McDonough of the Federal Reserve Bank of New York said the success of the New Accord will be directly attributable to the enormous support and assistance provided by both bankers and supervisors. He quoted a Chinese proverb that, "On a journey of one hundred miles, ninety is but halfway. "The wisdom of that proverb is borne out by the critical nature of the tasks ahead of us to complete, and then to implement, the new capital