31.   The government owns the rest.

32.   The French and German governments still own majority stakes in national phone companies, and many are selling shares in public offerings.

33.   The French government owns a stake in Roussel Uclaf.

34.   The German government still owns a large chunk of the former state monopoly, and any bid for an American company would doubtless raise hackles in Washington.

35.   The federal government owns a large stake through the utility Centrais Eletricas Brasileiras SA.

36.   The federal government owns every dose of smallpox vaccine in the country.

37.   The government now even owns a stake in HSBC Holdings, the parent company of the Hongkong and Shanghai Bank.

38.   The government owns about a third of the bank, with the rest held by a private foundation, like many Italian banks.

39.   The government would indirectly own huge parts of U.S. companies, with the potential of political manipulation.

40.   The Korean government owns Hanjung through stakes held by the state-run Korea Electric Power Corp. and the Korea Development Bank.