Mitsubishi UFJ Releases Rescue Attempt Of Morgan Stanley: Time For Orkimedes Of Omaha To Take Another Bath?

Tyler Durden's picture

Just because outright denials by Dick Bove, Alliance Bernstein, Credit Suisse, Jim Cramer and Wells Fargo were not enough to prevent a rout of Morgan Stanley stock after someone dared to point out one simple observation, here comes the 2008 deja vu when the Asians had to step up and protect their "strategic alliance" partners, also known as deeply underwater investments. We expect another Eureka moment from the Orkimedes Of Omaha (and grand tax vizier) shortly.

Just released:

Mitsubishi UFJ Financial Group, Inc. (“MUFG”) (NYSE:MTU) today issued the following statement regarding its strategic alliance with Morgan Stanley
(NYSE: MS): 


“In response to recent market volatility MUFG wishes to reiterate that we are firmly committed to our long-term strategic alliance with Morgan Stanley. The special relationship we have formed remains core to our global business strategy. We will continue to work to leverage Morgan Stanley's superior franchise strengths in institutional securities and wealth management with our substantial deposit base and global corporate banking business to add value to both franchises over the decades to come.”


About MUFG


MUFG is one of the world’s leading financial groups, with total assets of JPY206 trillion (approximately US$2.6 trillion) as of June 30, 2011. MUFG’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management and leasing. The Group’s operating companies include The Bank of Tokyo-Mitsubishi UFJ, Ltd. Japan’s largest commercial bank, Mitsubishi UFJ Trust and Banking Corporation, Japan’s leading trust bank, and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., one of Japan’s largest securities firms. For more information about MUFG, please visit

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PicassoInActions's picture

history never repeats its self..... this time is different.


Can we bring BOJ to intervene? i need jpy to weaken... Some1?

nope-1004's picture

The oracle of obama to the rescue?


eureka's picture

SURE - Buffet's eureka moments amount to barfing billions into corrupt and stealthily bankrupt corporations, followed by extensive promotional appearances in MSM asserting "they're a great company" -

Ruff-rufff.  I am Warren The Billion Barfer.


Ricky Bobby's picture

You forgot to add - and after the dog and pony show, the state intervenes to gurantee the bathtub barnicle a substancial profit.

Quid Pro Quo Bitchez, Long Live Crony Capitalism!

AldousHuxley's picture

Lost 2 decades due to deflation Japan rescues lost 1 decade and counting America.....


Everything you see is just a facade.

Retarded Americans time to face reality....that you are stupid and poor. Better kill of your royalty now, before they kill you first. Slaves are sold off by their own country's masters.







akenathon's picture

Can we bring BOJ to intervene? i need jpy to weaken... Some1?

I think that the US and Japan will intervene together and here's why

BOJ asked all banks to give full details of who's buying and selling JPY -

While not an easy task as you would have to have details on the other side of the trade, I think they will discover that the ones who are buying JPY are Chinese as weakening Japan through JPY rise is in their direct interest

By weakening Japan, Chinese might get control of high tech products where the world it's a major buyer

I think they (US and Japan) understood that and by fixing a USD/JPY at 100 for example they would kill Chinese short USD positions and kill their investments into JGBs as they were major buyers of it lately.

A rise in the US would automatically send JGBs yields up and thus erase big gains for China

I think that the US/China war started already long time although it could get a lot worse and expect the next move to happen into USD/JPY and 100 currency peg might even be too low

treemagnet's picture

Uncle Warren wants YOU!

sitenine's picture

Fuck Warren! He is in bed with the political administration. He bought immunity from prosecution with his stupid BOA purchase, and he is wrong about stock repurchases in Burkshire. This crisis is NOT a confidence problem, and Warren is a complete Fucking idiot to treat it as one.

Freddie's picture

I hope when he is taking his bath that someone shoves a Nebraska corn cob up his rectal orifice to where the sun don't shine.  He will have to do an LBO of Roto Rooter to get it removed.

AldousHuxley's picture

He is taking Morgan Stanley wives to shopping...


NOt even 6 months ago this shit happened:

The Real Housewives of Wall Street Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs?

walküre's picture

Buffet bought several US Financials in August / September of 2011.

He is said to have Obama's ear (or is it the other way around?).

When Buffet asks for more QE to save his a$$, do we wonder .. oh where to even begin.


zorba THE GREEK's picture

Somebody should tell Warren, BAC is on sale...$5.53... maybe they'll throw in some more warrants with that.

Alea Iactaest's picture

Begin right after realizing how underwater he is on the SPX puts he sold. Really think those will expire ITM? More likely that he will sell a few more to the Fed as a stealth bailout.

jmcadg's picture

Are BoA and Morgan Stanley having a race?

junkyardjack's picture

We'll just all pretend Citi wouldn't be a penny stock without its reverse split

ArkansasAngie's picture

I've been watching that too.  If one were a speculator the seesaw swings is opportunity to the lucky.  Of course ... this could well be a "can't win for losing" kind of situation, too.

zorba THE GREEK's picture

It kinda reminds me of a certain Saudi Prince and Citigroup. Hows that working out Prince?

GrinandBearit's picture

OMG, I forgot about that moron!  They used to trot him out on CNBC every week back in 2008. 

Didn't that idiot buy a few millions shares of C when in was in the 30's?

WestVillageIdiot's picture

Then he's not doing so badly.  It is still in the twenites.  Oh yeah, reverse split, 10 for 1, forgot about that.  Sorry.  I was typing this in the tub while I was playing with my rubber duckie and then I suddenly remembered, "hey, I don't own a rubber duckie". 

Freddie's picture

That POS has investments in every TV network in the USA.  He calls the shots at Fox/News Corp.  All of TV is the same - all to brainwash the sheep.

dwdollar's picture

Bove... haha...

Watch at 1:40

Is that why BofA website has been down all day? Because people are just checking their large deposits... LOL... I doubt it Bove.

Rick64's picture

"Bove says banks getting stronger and stronger"

And cheaper and cheaper. You don't see that everyday. Bove is right up there with Cramer.

redpill's picture

Pretty soon we'll just have one big company called GoldmanFargoCitiOfAmericaJPMorganStanleySmithBarneyFrank, and the oligarchs will approve because they only have to make 1 phone call per day to negotiate their next bribe.

Taint Boil's picture

Zero Hedge is better than porn ...........

Your Creator's picture

Zero Hedge definitely has the best comedy commentors in the business.  I get more laughs out of Zero Hedge comments than stand up comedians.

AldousHuxley's picture


I don't know about that....BOAmerica about to foreclose itself....with Shitty bank following.

jmcadg's picture

They can't afford their server bills!

Seasmoke's picture

thats BOA, c'mon lets get our insolvent banks problems correct !

d00daa's picture

ms up three cents to 12.50 ah on the news.


franzpick's picture

The 30 plus year fed-sponsored credit binge made most everyone look good and made some managers look great, but the ongoing credit collapse will reveal how little the Orifice of Omaha and other heroes really knew.

kito's picture

"We will continue to work to leverage Morgan Stanley's................"


funny and all along i thought morgan stanley's leverage was a problem????.............




Rob Jones's picture

Japan is a bug waiting for a windshield.

nasa's picture

3/11 was the windshield.

buzzsaw99's picture

Talk is cheap. Step right up MUFG, and buy the common. WTF? LOL!

DosZap's picture


Would have to be worth 19x's+ their shown net holdings just to cover GS OTC Derivatives..............

buzzsaw99's picture

that's another reason why this sounds like mere jawboning to me.

Snidley Whipsnae's picture

+1 Buzzsaw99... talk is about what they have left... in a bag that was full of blockheads and hammers...

WonderDawg's picture

Whenever I see the MUFG acronym, my brain immediately says, "muhfuggah".

Cman5000's picture

The Orkimedes Of Omaha is trying prop up a system in collapse. Well maybe he will go down in flames with the rest of them ...

King_of_simpletons's picture

The Omahan Obleisk is senile, advanced stages.

DosZap's picture


is trying prop up a system in collapse

Buffet would need 10,000x's his net worth, just to start.

ArkansasAngie's picture

Warren is insolvent.  He is bankrupt.  WHen they prop up AIG, BOA etc.  they pump up Warren or some other Arsehole ... easy come ... easy go. 

americanspirit's picture

MUFG - pronounced MuFug, short for motherfuckers. Little banzai motherfuckers sticking by their Man Stan. Sweet.

Mae Kadoodie's picture

Morgan Stanley and Mitsubishi are pleased to announce the opening of their new Fukushima branch

Gubbmint Cheese's picture

feedback on the new Fukushima office has been positively glowing........



redpill's picture

And when you have that kind of energy, it just spreads throughout the whole organization!

kito's picture

leaving employees and clients radiating with happiness!!!!

buzzsaw99's picture

We are expecting an in-FUSION of free radical particle emissions from the MS pool of toxic assets and fission byproducts?

I blew it, I know. ;)

slewie the pi-rat's picture

the new tent to cover fuk_u #1 will have prominent MUFG logo advertiZing!

slewie ads:  putting a confident, corporate face to every disaster!

CharlieSDT's picture

The new chair of the bank will Tim Geiger.