To continue reading:
or
Log-In
Villain or Fall Guy?
Subscriber content preview.
or
Log-In
It's hard to find anybody in France who feels sorry for Jean-Marie Messier, the self-promoting former head of Vivendi Universal, who tried to turn the onetime water utility into a glitzy worldwide media giant and ended up driving it to the brink of bankruptcy. But after Messier was held in jail for 36 hours recently by magistrates who opened a formal criminal investigation against him, the big question is no longer how inept he's been. It's whether he was solely responsible for Vivendi's near downfall or is just taking the fall for the failings of the French business...