Hedge Funds in Line for $250 Million on Thomas Cook CDS Payout
A sign stands at the entrance to the Thomas Cook Group Plc check-in desk at Gatwick Airport, in Crawley, U.K. (Photographer: Chris Ratcliffe/Bloomberg)

Hedge Funds in Line for $250 Million on Thomas Cook CDS Payout

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(Bloomberg) -- Not everyone lost out with the collapse of 178-year-old Thomas Cook Group Plc that put 21,000 jobs at risk and left travelers around the world stranded.