Bloomberg TV Report on Bronfman, Messier

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Jan. 21 (Bloomberg) -- Edgar Bronfman Jr. and Jean-Marie Messier and were found guilty by a Paris court of criminal charges related to Vivendi SA’s near-bankruptcy after a $77 billion acquisition spree while they led the company. Messier was fined 150,000 euros ($200,000) and Bronfman 5 million euros by a panel of three judges at a hearing today. Messier was charged with misleading investors during his tenure as Vivendi’s chief executive officer. Bronfman, currently chairman of Warner Music Group Corp., was charged with trading on inside information while he was vice chairman of Vivendi. Bloomberg's Gregory Viscusi reports. (Source: Bloomberg)


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