♦ Citigroup isn't getting Wachovia after all: Just four days after the banks agreed to a deal, Wachovia has changed course and will now sell the company to Wells Fargo for $15.4 billion. [WSJ, NYT]
♦ The $700 billion bailout bill will reach the House for a vote today. This should be interesting. [NYT]
♦ JPMorgan Chase, which purchased a failed Washington Mutual last week, is already cleaning out the executive suite. [Bloomberg]

♦ UBS plans to cut some 2,000 jobs. [WSJ]
♦ The average price of a Manhattan apartment rose slightly to $1.5 million in the third quarter. But the price has fallen from the first quarter, when it reached $1.7 million. [NYT]
♦ The two worst-performing hedge funds in September: Lee Ainslie's Maverick Capital (which declined 19.5%) and David Einhorn's Greenlight Capital, down 12.8%. [Bloomberg]
♦ For hedge funders, "down single digits is the new up." [Clusterstock]
♦ For people who have been busy with the bailout, "Sunday is the new Monday." [Bloomberg]