Securing power

E.on hopes politics will take a back seat in the German company’s takeover of Endesa. This is wishful thinking. If Spanish president Jose Luis Rodriguez Zapatero could be confident it wouldn’t leak, this is the letter he might write to E.on’s chief executive, Wulf Bernotat. Estimado Herr Bernotat, You seem genuinely surprised at the stumbling blocks we’ve put in the way of your bid for our biggest power company. Perhaps you thought I’d stick to my electoral promise of not meddling in business ...