Petard: Difference between revisions

401 bytes added ,  3 April 2023
no edit summary
No edit summary
No edit summary
 
(7 intermediate revisions by the same user not shown)
Line 1: Line 1:
{{a|devil|{{image|petard|jpg|Archegos risk management yesterday.}}}}{{dpn|/pɛˈtɑːd/|n|}}''From French'': a small bomb comprising a box filled with powder, used to blast down a door or to make a hole in a wall. A squib; a firecracker. If it goes off it will frighten the bejesus out of the financial analyst community and may cause a bank run.  
{{a|devil|{{image|petard bomb|jpg|Archegos risk management yesterday.}}}}{{quote|
Let it work, <br>For ’tis the sport to have the enginer <br>Hoist with his own petard; and ’t shall go hard <br>But I will delve one yard below their mines <br>And blow them at the moon.
::—''Hamlet'', III, iv }}


Hence, ''to be hoist by one’s own ~'': to blow oneself up. Something that financial institutions are periodically prone.
{{dpn|/pɛˈtɑːd/|n|}}A small bomb, comprising a box filled with powder, used to blast down a door or to make a hole in a wall. A squib; a firecracker.  (''From the French pétard'').
 
Hence, ''to be hoist''<ref>Note: “hoist” here means to be thrown into the air, rather than raised by some kind of winch.</ref> ''by one’s own ~'': to blow oneself up. Something that financial institutions are periodically prone: if a little bomb goes off on your balance-sheeet will frighten the bejesus out of the financial analyst community and may cause a bank run.  


{{sa}}
{{sa}}
*[[Lucky]]
*[[Lucky]]
*The first rule of [[Systemic Solvency Club]]
*The first rule of [[Systemic Solvency Club]]
{{Ref}}