[Margaret Pilkington]

Originally Posted by cmonstanley

this is the reason why there is a world wide recession banks have been throwing money about like confetti and when it has went tits up the working class people have been made to pay,with high inflation job cuts etc.i know banks lend to business dohh but commenting how they could borrow a figure heading to 1 billion .they will never get it back an idiot knows that even i know that so how have they done it .i dont think thomas cook has 1 billion in assets.

You do talk some first class twaddle.
Where have the banks been throwing money around like confetti??...certainly not to businesses...the small ones, the one who need the money. If they had been throwing money around the perhaps we would have a better growth forecast........ah, but you mean paying bonuses...why don't you say what you mean? Instead of us having to second guess.

The banks are businesses and can choose to pay what they like in the way of bonuses....however much we might disagree with this practice, it is what happens...get over it, because in real terms there isn't much else that we can do about it........no political party wants to listen to the electorate in respect of this....maybe you might remember this next time an election comes around......and ask the candidates what they would do about it if elected.......of course, they will spin you a line and do burger all.

Thomas Cook must have satisfied their banks criteria in order to get their credit extended(Banks do not lend money unless they have decent chance of getting it back).......and it is only the UK operations that are making a loss.