We basically went into an emergency situation to save the investment we've placed out there.

Completely automating your plant is a substantial investment. But over time, the efficiencies produced from automation pay off. The MCPX trade show allows our members to see and touch the latest products and technologies — both European and domestic — in order to make decisions about the future of their plants.

Communication leads to buy-in which fosters ownership and accountability. Accountability gives you return on your investment.

I look at my forecast and, frankly, I was off by $180 million on their investment-banking side. M&A did extremely well.

Today's package actually tells players to put away any major investment plans and rely on regulation instead.

It's a terrific move. It creates two businesses, each focused on their own area, and two investment vehicles that are more closely aligned with the kind of performance that investors are looking for.