3 ms·

The ones who organize these deals have already taken the money and are long gone. The ones holding the bag after it collapses are the employees, suppliers and i

• mschuster91 9y ago
  Of course - what happened, happened. But when banks recognize that it is not in their interest to give loans to holdings to purchase companies in order to get loans on them simply because eventually when the loans on the companies default the banks are on the hook again, they will not loan them money any more. That's the inherent beauty of interconnected and sold loans - no one will be left spared when they eventually default.
  • pixl97 9y ago
    > the banks are on the hook again hehe > the banks are on the hook again hahaha > the banks are on the hook again Too big to fail buddy. The banks are never on the hook.