The $541 Million Loss that Became a Thorn in the Side for Deutsche Bank

[kreslik.news]

Troy Dixon was said to have gone from “Hollis to Hollywood” after he hit the big time, first at Deutsche Bank and now at his own hedge fund. He has emerged as one of the most powerful and controversial figures in the $6 trillion market for government-backed mortgage bonds.

The story of his journey from Hollis, a neighborhood in Queens, to the world of finance tells a story of outsize trades and power plays, as documented by Bloomberg today. . 

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