♦ A recap of what happened on Wall Street yesterday, just in case you've been asleep for the last 36 hours. [NYT]
♦ In a statement this morning President Bush said he was disappointed the bailout bill didn't pass and warned that "painful and lasting'' economic damage will follow if a settlement isn't reached. Then, like the rest of Congress, he used Rosh Hashanah as an excuse to skip out for the rest of the day. [CNNMoney, Bloomberg]
♦ Wall Street bonuses could be down as much as 50 percent this year. [DB]
♦ Mitsubishi has completed its deal to invest $9 billion in Morgan Stanley; thanks to yesterday's market it's only down $500 million since the deal was announced last week. [NYT]