Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Thomas Cook bosses face SCRUTINY over collapse
Thomas Cook chief executive Peter Fankhauser said he was "deeply sorry" about the firm's collapse and said the company had worked "exhaustively" to salvage a rescue deal.

The company went into liquidation on Monday under the weight of a £1.7bn debt pile. As the result, the government is having to fly home around 155,000 customers from 18 countries.

Some 22,000 jobs worldwide are at risk too, 9,000 of them in the UK.

They've privatized the profits and socialized the losses, but it won't ever, ever happen again!

Diversity is the key to economic and political evolution.
by Cat on Thu Sep 26th, 2019 at 03:59:33 PM EST

Others have rated this comment as follows:


Top Diaries

Occasional Series