Vivendi Raided

French Police Raid Vivendi HQ, Messier Home (thanks Worthplaying) has word that the media giant and its former CEO have been raided by French authorities investigating accounting irregularities during his tenure. Here's a bit:
Police raided the Paris headquarters of Vivendi Universal and the homes of its disgraced former chief Jean-Marie Messier on Thursday as part of an investigation into the media giant's accounts.

French investigators swooped on the offices near Arc de Triomphe and Messier's residences in and around the French capital to search for documents in a probe into potential irregularities during the ousted chief executive's leadership.
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Good news, IMO
Dec 12, 2002, 13:41
14.
Good news, IMO Dec 12, 2002, 13:41
Dec 12, 2002, 13:41
 
Sounds fine with me. Vivendi's been nothing but a disaster.

Seems like Sierra's had nothing but bad luck with corporate masters since way back when they were under Cendant. Remember the Cendant / CUC merger? Turned out that Cendant cooked its books (i.e. "Accounting irregularities") which resulted in the biggest corporate scandal ever, until Enron came along.

About time that Sierra was freed from Vivendi. Then they can sink or swim on their own merits, rather than the scandals of some French crooks. Bah.

-Mad Jackson

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Good news, IMO
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