Percy, who’s Queen?

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ Go Premium Frisbee as a metaphor for sovereign immunity Index — Click the ᐅ to expand: Glossary Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

Percy and Queenie are playing frisbee. Queenie throws.

Percy (catching the Frisbee): Howzat!

Queenie: Percy, who’s Queen?

Percy (drops the Frisbee): Oh! Butterfingers!

The very worst reason for agreeing to a counterparty’s demand, but one which is all too often the chief motivating factor, particularly of Sales and their glad-handing lightweight counterparts in senior relationship management.

Also, the intellectual grounding for sovereign immunity.

See also

• All our other counterparties have agreed this
• Sovereign immunity