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...former official at Deutsche Bank who carried out the stock transactions for Vivendi. (The three others worked at Vivendi, including former Chief Financial Officer Guillaume Hannezo.) And there may be repercussions for the regulators themselves. The initial spark for the investigation was a complaint filed by small Vivendi shareholders. Frédérik-Karel Canoy, the lawyer for the group, tells Time that he has now filed a follow-up demand for a formal investigation of the cob's president and general manager, both of whom are still in office. The cob, since renamed the Financial Market Authority, didn...
Some administrations find it hard to admit mistakes; ask George W. Bush. Others find it hard not to; ask Thierry Frémaux, chief programmer of the Cannes Film Festival. The films in competition at Cannes last year provoked such widespread derision that some sort of revamping was essential. So Frémaux declared that Cannes 2004 would cast a wider net. In other words, more Hollywood glamour. More films with a perky pulse. And no Brown Bunny - the Vincent Gallo road movie that, from the moment of its screening last year, became the code phrase for pretentious junk. Sure...
BODE OGUNWOLE (HWT.), FR...
...perfect synch. Pioneer hopes the device will inspire a wave of DVD VJs to create new forms of visual entertainment. Imagine, at a dance club, looking up at a plasma screen over the VJ's head and seeing Al Pacino going "Say h-h-hello to my little fr-fr-fr-friend!" in time with the beat. The turntable also plays audio...
...family of four by heading down a nearby freeway in the wrong direction. The tribunal ordered Angélique, 28, and Jean-Sébastien, 30 - known only by their first names - to stand trial for "non-prevention of a crime or misdemeanor that causes bodily harm" after allowing Frédéric Colin, 29, to get behind the wheel in February 2000. Tests showed Colin's blood-alcohol level was around three times the legal limit; the appeals court meanwhile ruled the couple - who contest the charges - should have alerted police after they failed to dissuade him from...