Soros backed Bank of America to the tune of half a billion dollars right before they bought the failed Merill Lynch for 12 times too much.

opps

but the fix was in with all TARP $.

George was betting that BOA would buy most of the 300 banks that have failed since and corner the market. But the Merill Lynch deal sucked so bad that BOA was the the clear winner.
All hail Goldman he who has the goldman rules.