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Cable also said that, with a majority stake in RBS, the government now in effect controlled a bank "with a balance sheet effectively bigger than the British economy".
Indian betting syndicates in effect controlled games, they were told.
Indeed, today all nationally broadcast TV stations are in effect controlled by the government.
He said that News Corp, in effect controlled by the Murdoch family, now enjoys unprecedented industry power in the UK.
Baugur is now insolvent and its 35% shareholding is in effect controlled by administrators to Landsbanki, another insolvent Icelandic bank.
They say the institution was in effect controlled by the foundation, creating a lack of proper governance.
Similar(29)
Management at Baugur-backed fashion chain Mosaic, which owns brands such as Karen Millen and Oasis, are locked in talks with Kaupthing, which in effect controls the group.
Three weeks ago Rosemary Newell, its director of broadcasting, left: though little known outside C4 she was the network's cornerstone, in effect controlling its schedule and budget budget.
In addition, it would install a state-appointed chief executive with veto powers over the City Council, in effect controlling the city's finances.
But the latest scandal to rock the region centres on a Czech businessman and a former Prague mayor who are accused of in effect controlling the city's €2bn budget between them.
So in PCM, the generated heat, i.e., thermal effect, controls the switching.
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