I know the first gens have diagonal braking systems and I think 2nd gens are the same. The LF and RR are connected to one master cylinder line and the RF and LR are connected to the other master cylinder line. Under normal circumstances, when you step on the brakes, equal pressure is applied to both master cylinder lines. When you push on the pedal, the fluid pressure between the two pistons is applied to one brake line and also applies an equal force on the second (front) piston which in turn applies the same pressure to the other brake line. In the event of a failure in the first brake line, the first piston can't develope any pressure because of the leak and there for bottoms out against the second piston. Once it bottoms out, the second piston can then continue to apply pressure to the unaffected line to provide emergency braking for street use. This is a very simple, very reliable method of providing emergency braking for street use, which is why most OEM braking systems use it. Unfortunately for racing, where you are already braking at the limit of the cars potential, any upset in the braking system is going to get ugly. Having suffered a similar failure as Tony did in the exact same spot (turn 12 at Road America) because I forgot to put the $.02 ty-wrap on the brake line clamp to keep it from rubbing against the wheel, I vividly remember the pedal going to the floor and having it register in my brain "You just suffered brake failure!!!" in that split second before I flew off the road into the pea gravel.....with the car just starting to yaw from the diagonal effect as I skipped and bounced over it.
The other common problem with some FWD cars (Honda's and VW's come to mine) is when you have a front hub failure, the brake rotor which normally floats on the hub suddenly shifts and the pedal will go to the floor because that calper piston no longer has anything to push against. You're screwed no matter what.
BTW, Fernadez in the SSC Neon suffered a LF hub failure going into turn 3 at the Sprints. He was lucky. If it happened at 1, 10, or the Kink, it would have been real ugly. Most FWD cars replace their hubs after X number of races.