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{{a|devil|{{image|petard bomb|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:HAMLET: ''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.'' }} | |||
{{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. | |||
Note, to hoist something is to blow it up, not to raise it. | |||
Hence, ''to be hoist by one’s own ~'': to blow oneself up. Something that financial institutions are periodically prone. | Hence, ''to be hoist by one’s own ~'': to blow oneself up. Something that financial institutions are periodically prone. | ||