If you are hot and high in it, about the only option left is s & l, slow it down, and orbit.
Heh you just reminded me of one time the Sydney controllers held me up high on the drop into Bankstown from the west. They told me to expedite descent as well and so naturally I ended up entering downwind at something like 220 kts. Called the tower ASAP after being released from Sydney Approach and they told me I was number five in the circuit and told me what each of the previous four planes were. By the time he finished I'd passed three of them and still doing about 180 kts ... "Sorry but we're now #2 in the circuit and I'm going to need another lap to slow down!"