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Discussion of Problem 1652. Banking Crisis

Why Bank 3 cannot buy debt of Bank 2 to Bank 1?
Posted by SkidanovAlex 1 Nov 2008 17:15
So I mean bank 2 buys dept of Bank 3 and visa versa. Both banks can do that
After that bank 2 will owe 200K to bank 1, bank 3 will owe 200R to bank 1 and bank3 and bank2 will owe 200K to each other. In this case there will be 4 responsible banks
Isn't it so?

Edited by author 01.11.2008 17:15