Not my style...
Yeah, and once you break off the top cord hook, you can just lay the cord across the top of the bag and stretch out that little spring, that connects the bag to the handle. That's apparently what happened to the Sanitaire I bought at Goodwill last year. Also, The cord was totally trashed and had to be replaced.
In all fairness, I can see why someone would want to do that in a commercial setting as it would be a bit of a time saver. Be that as it may, I always prefer to wrap my cords on both hooks to keep everything neat and I don't have any problems with kinking.