The European Cable industry pulled itself together in Luzerne, Switzerland for its annual jamboree and look in the mirror and for the most part if liked what it saw. But Europe remains a regulatory nightmare, with cable companies having their hands tied as four or five giants, propped up by the world’s largest private equity Groups, try to consolidate the remaining 7,000 European cable companies into a semblance of a coherent industry. But it is perhaps the past which haunts European cable and every word spoken at this event was designed to shore up the image of an industry that let itself and investors down ten years ago and still can’t be completely forgiven for it. For a variety of…