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                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

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                                  FORM 8-K/A
                                Amendment No. 1

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                                CURRENT REPORT
                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): June 13, 2005

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                                Morgan Stanley
            (Exact name of registrant as specified in its charter)

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           Delaware                       1-11758               36-3145972
(State or other jurisdiction of   (Commission File Number)    (IRS Employer
         incorporation)                                      Identification No.)

         1585 Broadway, New York, New York                10036
      (Address of principal executive offices)          (Zip Code)

      Registrant's telephone number, including area code: (212) 761-4000

                                Not Applicable
         (Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:

| |  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

| |  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

| |  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

| |  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02.  Departure of Directors or Principal Officers; Election of
            Directors; Appointment of Principal Officers.

(b)  On June 13, 2005, Morgan Stanley issued a press release which was included
as Exhibit 99.2 ("Exhibit 99.2") to Morgan Stanley's Current Report on Form
8-K dated June 13, 2005 (the "Form 8-K") and which was incorporated into the
Form 8-K by reference. Morgan Stanley hereby amends Exhibit 99.2 so that the
reference to the "S&P Diversified Financial Index" is replaced with a
reference to the "S&P 500 Financials Index."

Item 9.01   Financial Statements and Exhibits.

See Item 5.02 above.




                                   SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                        MORGAN STANLEY
                                        (Registrant)


                                        By:  /s/ Ronald T. Carman
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                                           Name:   Ronald T. Carman
                                           Title:  Assistant Secretary


Date: June 13, 2005