We heard a rumor several hours ago and it has since been repeated on CNBC so I guess its safe to consider in the open: talk is that Mitsubishi will buy all of Morgan Stanley rather than the 20% that they agreed to last week. The fact that USD/JPY has hardly budged to the downside despite a sharp slide in EUR/JPY and renewed selling in stocks (now down 475). Putting twp and two together, the MUFG/MS rumors sound plausible.