Asia increasing share of troubled U.S. assets
By None | Sep. 24, 2008In announcing plans Monday to spend as much as $8 billion for a 20 percent stake in Morgan Stanley, Japan's biggest bank underscored just how far that nation's financial companies have come from their own economic crisis in the 1990s.But the deal by Mitsubishi UFJ Financial Group also highlighted Asia's crucial role as the United States tries to restore health and confidence to its tottering financial system.For years, Asian nations have financed the heavy spending of the U.S.








