Terran state shareholding

The Terran Federal Republic owns substantial parts of most major corporations within its borders. Previously this was accomplished by the existence of Terran corporations, where the government would own a golden share and the company would be largely under state-supervision. Since the phasing out of Terran corporations, the state has instead relied on shareholding private companies through several institutions. There are over a hundred, but the most important are the "Big Three":
* Farcomcor - wholly owned by the Federal Central Bank, it owns large parts of the largest corporations in the galaxy, grouped in ALEPH
* HMCI - part of MinSec, it holds parts of vital technological and military corporations
* Federal Investment Bank - a general purpose investment bank, it invests in smaller corporations and startups
Another major state-run shareholder is the Federal Pensions Fund, but its purpose is to generate revenue rather than control the corporations.