Travel Giant Thomas Cook goes Bankrupt, leaves 600,000 tourists in despair

One of the world's largest and oldest travel giant, Britain's Thomas Cook went Bankrupt. The company entered compulsory liquidation after succumbing to a huge debt of $2 billion. This is likely to affect around 600,000 tourists around the world, along with 22000 employees who are facing the fear of employment. “I would like to apologize to our millions of customers and employees", said Chief Executive Peter Fankhauser.