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It makes me wonder if he would have been successful if he wasn't able to short 10 billion. As the article said, Norman Lamont was planning to defend the sterlin
by codexon 7y ago
It makes me wonder if he would have been successful if he wasn't able to short 10 billion. As the article said, Norman Lamont was planning to defend the sterling with 15 billion.
- tiernano 7y agoIt wasn't just him though. By the sounds of things lots of players smelled blood in the water. Saros has 10bn, but other players probably had a lot more between them...
- codexon 7y agoThey may have only done so because they saw Soros betting so much on it.
- mixmastamyk 7y agoYes, and they were able to borrow more eventually. But when you see that kind of movement there’s gonna be momentum.