Nonetheless, most analysts appear too sanguine about Vivendi's ability to wriggle its way to safety, in part because they accept its flattering ebitda numbers.

ECONOMIST: Vivendi Universal

Yet Vivendi consolidates all of Cegetel's earnings, flattering its reported numbers.

ECONOMIST: Vivendi Universal

Unlike movie or restaurant reviews, the mainstream travel media is undying in its adulation, invariably flattering, and on those occasions when I have had an assignment to cover a place and felt guilty telling people to go there because it was not worthwhile, the story would be killed, rather than run in a way that reflects reality.

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