@futurebird It’s pretty simple really, you see corporations are people, so just as when we absorb another person, we are free to say which part of our agglomeration should get in trouble if we can’t repay the loan.
Say you took out a loan to buy a snazzy white blazer. When you buy yourself an extra torso, you could say it’s that torso’s blazer, so it should pay up, right? Works the same way for corporations.