When Britain fell so spectacularly from the Exchange Rate Mechanism, the nation needed someone to blame. Aside from the obvious targets in the Tory government, a darker arch-villain was needed. George Soros fitted the bill perfectly.
Then a little-known financier whose fame stretched no further than the City, he was soon to become a household name as "The man who broke the Bank of England".
Mr Soros, 71, was born in Hungary but emigrated to Britain when he was 17, after the end of the Second World War.
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