The flagrant corruption in Washington is so extreme and outrageous.

The Trump White House passed an executive order, which Wall Street had lobbied for, promoting private equity and private credit firms, cynically framing it as "democratizing access to alternative assets for 401(K) investors".

In reality, Washington did this so wealthy investors in illiquid private credit funds, which made bad loans to struggling companies on the verge of default, could have exit liquidity, thereby leaving retirees and pension funds holding the bag.

Now we learn that the US regime has been in bed with one of the worst culprits in the private credit industry, Blue Owl, and at least 33 members of the Trump administration have invested in Blue Owl's funds.

Blue Owl's stock crashed 40% in the first three months of 2026, after it limited withdrawals amid a private credit crisis. This comes just a few months after the White House tried to dump these garbage investments on retirees and pension funds.

This should be a huge scandal, but unfortunately it's just a drop in the ocean of extreme corruption, shady financial schemes, and rampant insider trading in the US.