ALSO NOTED: Check out this JP Morgan recruiting video;Bank of America warns on 3q earnings; and much more...

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Company News:
> S&P cuts UBS outlook to negative. Article
> Bank of America warns on 3Q earnings. Article
> Lehman M&A backlog rises. Article
> E*trade a buyout candidate? Article
> AmEx sells international banking unit. Article
> Check out this JP Morgan recruiting video on the Business Week Online site.

Industry News:
> Climate change fund launched. Article
> Mid-market private equity funds hold up well. Article

Regulatory News:
> SEC aims to ferret out insider trading at hedge funds. Article
> More on Fed's massive rate cut. Article
> Will rate cut turn things around? Article

And Finally... Watch what you wear when flying. Article