Health bill may not be passed until 2010

Sen. Harry Reid said the health reform debate may carry on into 2010. (WSJ)

House Republicans have drafted their own health bill with no public option that doesn’t require people to have insurance or employers to provide it. (NYT)

The GOP wins two key gubernatorial elections in New Jersey and Virginia and Republican Michael Bloomberg is reelected as mayor of New York. (NYT)

Pay Czar Kenneth Feinberg met with Goldman Sachs CEO Lloyd Blankfein and JPMorgan CEO Jamie Dimon prior to capping executive pay at bailed-out financial firms. (Bloomberg)

Warren Buffett has joined Goldman Sachs in a bid to buy stakes in Fannie Mae. (WSJ)