contracts are subject to law but minimal regulation. Bank loans are regulated - B2B load arrangements minimally so. My point was that Jane and BigCo have alig

contracts are subject to law but minimal regulation. Bank loans are regulated - B2B load arrangements minimally so. My point was that Jane and BigCo have aligned incentives - as long as they aren't actually breaking a law then the contract will hold. Variable Interest Entities and similar loan arrangements are legal. Hedge funds regularly "lend" assets through hypothecation etc.