Jun
21

A $541 Million Loss Haunts Deutsche Bank And Former Trader Dixon

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Troy DixonTroy Dixon Photographer: Shahar Azran/Getty Images

Troy Dixon had hit the big time: he’d gone, as they say in his old neighborhood, from “Hollis to Hollywood.”

It was a June night last year at the Apollo Theater, the legendary Harlem spot that’s helped launch stars from Billie Holiday to Michael Jackson, and Dixon was back-slapping his way through the annual spring gala.

Dixon, a member of the Apollo’s celebrity-studded board, is a star of a different sort. First at Deutsche Bank AG and now at his own hedge fund, he’s become one of the most powerful — and controversial — figures in the $6 trillion market for government-backed mortgage bonds…

A $541 Million Loss Haunts Deutsche Bank And Former Trader Dixon

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