9 ms·

Except it was the BoE that was selling lemons. Sorros knew they were and exchanged them for oranges while he could.

• deleted 12y ago
  [deleted]
• ZenPro 12y ago
  As a Brit, this comment made me smile because of how accurate it was. Black Wednesday was probably topped only by http://en.wikipedia.org/wiki/Sale_of_UK_gold_reserves,_1999%E2%80%932002 http://en.wikipedia.org/wiki/Sale_of_UK_gold_reserves,_1999%... in the buffoonery stakes.
  • SixSigma 12y ago
    Fellow Brit Some think the gold selloff was an under the radar bailout http://blogs.telegraph.co.uk/finance/thomaspascoe/100018367/revealed-why-gordon-brown-sold-britains-gold-at-a-knock-down-price/ http://blogs.telegraph.co.uk/finance/thomaspascoe/100018367/...
    • ZenPro 12y ago
      Great link.