Morgan Stanley (MS) 10-K2005 FY Annual report

Filed: 13 Feb 06, 12:00am

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Readability	H.S. freshman Bad

New words: air, Alasdair, alpha, altogether, amidst, andGasman, andIn, andIPO, array, Aventine, barrel, Bergen, Black, blend, Boston, Breakaway, bring, budget, BusinesScapeSMprogram, captionedGarett, captionedGasman, captionedSteinberg, catastrophic, CEO, Chammah, circumvent, CLUB, Coast, confidential, consortium, Cordell, credibility, CreditSource, crossing, customary, Daula, DCMT, deal, dealing, decided, deficit, deflation, Diego, diesel, Digital, disallowance, dissolve, Dominion, Eastern, Eileen, Email, Euribor, exact, explanatory, exploration, expropriation, faith, Fannie, Firma, firmwide, freely, Gary, gasoline, gender, Globe, Goldfish, good, Gorman, Gulf, headingIn, heard, Heleniak, hinder, history, Horse, hour, Hurricane, idiosyncratic, implicit, inability, indebted, intention, interchange, intervention, Jakarta, Jerker, Johansson, join, joined, Jonathan, jury, Katrina, lien, lose, Lynch, Mack, Mae, Memorandum, Merrill, misconduct, monthly, Morrison, mortality, Murray, NE, Neal, newly, notwithstanding, optimize, opting, Ordinance, organizational, outweighed, overcome, overland, overtime, overturned, Owen, pandemic, paragraph, partly, people, Pequot, perception, petroleum, phased, plant, Pleading, Polk, pollution, portable, prejudgment, presumption, probate, procedural, prove, quantity, random, ratable, ratified, Raymond, reciprocal, reconfigure, reform, rely, renamed, SAM, Scully, SGIIC, Shear, Shearman, Shortly, Society, solid, Spencer, spike, spill, storage, strike, substantive, Suisse, symbol, taxpayer, temporarily, tenant, Terra, theColeman, theft, theIPO, thereon, threatened, timeframe, transport, transportation, Triana, TSB, turnover, unallocated, unclear, UnionPay, universe, unresolved, unvested, unwilling, upper, vehicle, verdict, wage, Walid, Wardwell, waste, water, waterborne, widespread, worst, writedown

Removed: aggressive, amend, AMR, analyst, Ansett, approaching, arbitrage, asserted, Attorney, auditor, aviation, Brooklyn, Cabot, Canary, censure, characterized, choice, clarifying, conducting, contemplated, contesting, cooperating, Crawford, declining, defending, deferrable, Deskshop, DFS, discretion, Donald, earlier, easing, Ebisu, emphasizing, ending, expansion, expensing, expiring, feet, fell, FERC, fleet, flexible, flight, flown, focusing, foot, Garden, ICS, inclusion, inform, inquiry, insured, interim, intoIn, Italy, jet, Joseph, Jr, Kempf, Kirkland, lessee, Manhattan, menu, Merin, misstating, Mitchell, modify, Montreal, nasdaq, Newhouse, NW, occupy, opportunity, optimistic, overly, Pandit, passenger, Perella, Philip, prejudice, profitable, promoted, promptly, Purcell, rallied, recharacterize, repossession, resize, retainer, Sapporo, Schaefer, sharp, shelf, ShopCenterSM, shopping, slightly, slowdown, sought, Stephan, Stephen, stream, subletting, subpoena, summer, tailored, Tarek, tower, trillion, trustee, underpricing, unfair, uninvested, unreasonable, utility, Vikram, virtual, volatile, voluntarily, weak, web, website, Westchester, Western, Wharf, withdrawn, Yebisu

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EXHIBIT 23.3

CONSENT OF MORTEN BEYER & AGNEW, INC

We hereby consent to the reference to us appearing in Note 18 to Morgan Stanley’s condensed consolidated financial statements included in Item 8 of Morgan Stanley’s Annual Report on Form 10-K for the fiscal year ended November 30, 2004 and to the incorporation by reference of that reference in the following Registration Statements of Morgan Stanley:

Filed on Form S-3:

Registration Statement No. 33-57202

Registration Statement No. 33-60734

Registration Statement No. 33-89748

Registration Statement No. 33-92172

Registration Statement No. 333-07947

Registration Statement No. 333-27881

Registration Statement No. 333-27893

Registration Statement No. 333-27919

Registration Statement No. 333-46403

Registration Statement No. 333-46935

Registration Statement No. 333-76111

Registration Statement No. 333-75289

Registration Statement No. 333-34392

Registration Statement No. 333-47576

Registration Statement No. 333-83616

Registration Statement No. 333-106789

Registration Statement No. 333-117752

Registration Statement No. 333-129243

Registration Statement No. 333-131266

Filed on Form S-4:

Registration Statement No. 333-25003

Filed on Form S-8:

Registration Statement No. 33-63024

Registration Statement No. 33-63026

Registration Statement No. 33-78038

Registration Statement No. 33-79516

Registration Statement No. 33-82240

Registration Statement No. 33-82242

Registration Statement No. 33-82244

Registration Statement No. 333-04212

Registration Statement No. 333-25003

Registration Statement No. 333-28141

Registration Statement No. 333-28263

Registration Statement No. 333-62869

Registration Statement No. 333-78081

Registration Statement No. 333-95303

Registration Statement No. 333-85148

Registration Statement No. 333-85150

Registration Statement No. 333-108223


MORTEN BEYER & AGNEW, INC

By:		/s/ Robert F. Agnew
Name:		Robert F. Agnew
Title:		President & COO

February8, 2006

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