Treasury's Got Mitsubishi's Back

Author:
Publish date:

Andrew Ross Sorkin reports that Treasury officials, probably trying to get Mitsubishi to sign on the damn dotted line, have told the Japanese bank that its "planned investment in the embattled* Wall Street giant Morgan Stanley would be protected."

U.S. Officials Said to Offer Protection to Japan Investors
[NYT]
*Which the Times is presumably allowed to say because it's not talking about Goldman Sachs, though I would definitely love Morgan Stanley, at this point, to throw a fit over the adjective.

Related