How Hedge Funds Profit When Big Companies Like Thomas Cook Fail
— October 16, 2019
By Marti Subrahmanyam
Efforts to bring people home were referred to as the “biggest peacetime repatriation in history.”
The media has laid the blame for Thomas Cook’s problems primarily on poor management, changing consumer preferences and even Brexit. But those explanations are only part of the story.
Read the full article in The Conversation.
Marti Subrahmanyam is the Charles E. Merrill Professor of Finance, Economics and International Business