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.
That's the inherent beauty of interconnected and sold loans - no one will be left spared when they eventually default.