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3min chapter
How George Soros Broke the Bank of England!
Patrick Boyle On Finance
Introduction
Stanley Druckenmiller did most of the research that led to Black Wednesday 1992. He had dropped out of graduate school without a degree and began his career in finance by first failing the training program for loan officers at Pittsburgh National Bank. The two men didn't always see eye-to-eye, with one argument erupting during an argument over Soros' decision to sell their bond position after he hadn't consulted him.
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