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Monday, September 23, 2019

Who Was Thomas Cook? 🇬🇧


A sad way to go out after 178 years. 

Thomas Cook collapsed and is out of business. Hundreds of thousands of travelers are stranded. But who was Thomas Cook?

Thomas Cook started organizing railway excursions in 1845. He started out as a Baptist Missionary getting people to a temperance meeting by rail--but that turned into the birth of modern tourism. A long legacy--but unfortunately the company took on too much debt in recent years and could not satisfy its creditors. Sad.

Update: Thomas Cook Fat Cats Took Bonuses prior to going under?  Pretty sleazy. Stuff like that can open you up potentially for individual liability if there is fraud shown (at least in the US). I am going to guess it is similar in the UK. 

Hot Air: A Peacetime Dunkirk

AoSHQ: Morning Report 09.23.19


1 comment:

  1. EBL - have the links open in new windows or new tabs so readers don't leave you're blog. Juss sayin'...

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