It's like buying a house, and then expecting the house to pay the mortgage.

I mean,isn't that what a foreclosure sale is? I'm honestly asking. The world of corporate raiding is a foreign and distasteful place to my arts and sciences brain. The world of home buying is also foreign to my arts and sciences brain, but that's cause I leaned more into arts than sciences. That being said, you put up 20 grand of your money for a down payment. The bank loans you 200k. You fail to make your payments. Bank forecloses and sells off the property to cover the remaining debt, or at least claw back whatever they can get from it. Would that be so different than what's likely to happen if EA fails to pay JP Morgan back? Is it the liability of Kushner et al vs the liability of a homeowner that is the primary difference?

That's the idea at least, but a corporation is a vastly different thing. A piece of property doesn't have employees, obligations, etc etc. (Well okay, large properties often do, but they aren't hired by the buildings themselves.)