scose-no-doubt
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Just playing devils advocate here.
http://www.theatlantic.com/business/archive/2010/06/go-for-the-jugular/57696/1/
Soros had AT LEAST $1.5 billion bet on the pound since August, 1992. The devaluation crisis occurred a month later in September. Instead of steadily building up a position in September of 1992, Soros told his lieutenants to "go for the jugular". Investor Louis Moore Bacon worked with Soros to find ways to dump the pound.
http://www.theatlantic.com/business/archive/2010/06/go-for-the-jugular/57696/1/