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he helped destroy sterling in "black wednesday" by adopting a very short position against it from which he profited massively and families lost their homes due
by Quarrelsome 9y ago
he helped destroy sterling in "black wednesday" by adopting a very short position against it from which he profited massively and families lost their homes due to spike in interest rates implemented by the government to try to reign in the crash.
- rwmj 9y agoI think you mean Norman Lamont's idiotic policies did that, backed up by the Bank of England who really should have known better.