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Monday, September 29, 2008

Mitsubishi UFJ Buys 21% of Morgan Stanley

by Calculated Risk on 9/29/2008 09:46:00 AM

From MarketWatch: Mitsubishi UFJ buys 21% of Morgan Stanley for $9 billion

Mitsubishi UFJ Financial Group said Monday that they had reached a deal for the Japanese bank to buy a 21% stake in Morgan Stanley for $9 billion.
At least this is private capital ...