The Vivendi situation seems to show that the problem in financial matters is not confined to just corporate America. It's early days yet, but the financial markets are going to be very interesting as more revelations emerge on more companies over the next few months. If restated balance sheets did not equate to immediate layoffs, I would not be as concerned for everyday folks. Unfortunately, large corporations don't just stew in their own juices--they make marinade for everyone. Small busineses, by contrast, work in relative thimbles of joy.
But today I'm more attuned to dark skies and cooler temperatures than to white hot corporate heat. I hope for good weather, so long as that means rain.
