Thomas Cook

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mercalia
Posts: 11475
Joined: 22 Sep 2013, 10:03pm
Location: london South

Thomas Cook

Postby mercalia » 13 Oct 2019, 11:05am

Maybe the tourist resorts and countries affected should have bailed Cook out. Seems like Spain alone will be suffering losses far more than Cooks debts?

https://www.bbc.co.uk/news/world-europe-49997775

mercalia
Posts: 11475
Joined: 22 Sep 2013, 10:03pm
Location: london South

Re: Thomas Cook

Postby mercalia » 15 Oct 2019, 12:09pm

a nice job if you can get it ?

Cook's boss gets a £500,000 bonus

https://www.bbc.co.uk/news/business-50053594

wont give it back

Psamathe
Posts: 10574
Joined: 10 Jan 2014, 8:56pm

Re: Thomas Cook

Postby Psamathe » 15 Oct 2019, 12:21pm

mercalia wrote:a nice job if you can get it ?

Cook's boss gets a £500,000 bonus

https://www.bbc.co.uk/news/business-50053594

But that sort of thin happens so often. e.g. the much loved Jamie Oliver who so many felt sad for when his companies went bust earlier this year. Except:
https://www.independent.co.uk/life-style/jamie-oliver-earnings-52m-restaurant-closure-job-losses-a9127466.html wrote:Jamie Oliver paid himself £5.2m despite restaurant closures
...
Despite the losses, the company accounts confirm that Oliver still received a payout of £5.2m ...

So the much loved chef is maybe just another self interested businessman whose main interest is in getting his mega millions.

Ian