Uniper: When the state takes control – business

If a company is nationalized, it must have some pretty big problems. Like now Uniper. But it only gets really interesting when the federal government wants to get rid of its shares at some point.

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Thomas Fromm

To understand why nationalization is not taboo even in a free market economy, one has to go back to the time of the financial crisis. September 15, 2008 was the day the US investment bank Lehman Brothers collapsed, driving the world financial system to the brink of collapse. The shockwaves from New York rippled around the world – and with it the realization that when things go really badly, everything in the economy can be connected to everything else.

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