Shamed & Shameless Insiders: PEU Window

The banquet of consequences may actually be arriving for powerful political insiders who captained government functions for their personal power, prestige, protection and profit over the last several decades.  

Insider Larry Summers declared his "deep shame" after email communications with Jeffrey Epstein were made public.  Summers has a long history of getting access, key government appointments, plum jobs with universities, hedge funds and private equity underwriters (PEU).  Those are the very groups Epstein slithered with and around.  This group provided him funding, connections and protection.

The public has a split screen given major events underway today, the looming House vote on releasing the Jeffrey Epstein files and Trump's high ceremonial welcome for Saudi Crown Prince Mohammed bin Salman.

Three Representatives, two Red and one Blue, gathered on the steps of the U.S. Capital with Jeffrey Epstein survivors and family representatives.

How did we allow this to happen?  Larry Summers told us years ago with his coaching on how to become an insider, a  powerful person.  Stay silent, go along, accept insider rewards,  recognize the rules really don't apply, turn away from anything untoward....but never ever say anything ill about fellow insiders, even to the authorities (which insiders control as the ultimate fail safe).

The other side of this split screen is Trump II's ceremonial excess for Saudi Crown Prince Mohammed bin Salman, the man who U.S. intelligence authorities believe ordered the murder of Washington Post journalist Jamal Khashoggi in 2018.

Trump showed the world the very message of Epstein survivors, powerful people are untouchable.  Survivors are trying hard to get that changed but they are yet to win.  Jamal Khashoggi's fiancée is yet to receive justice.   She stands alone in her pursuit.  The Crown Prince has the most powerful man in the world at his beckon call.

Ghislaine Maxwell has proven her insider worth and value to Trump II and is rewarded with a cushy prison environment and special privileges.  Seven years from now will she receive a ceremonial welcome at Mar-a-Lago?

The White House has been called the People's House.  

Today it honors the man who ordered the murder of a U.S. journalist in the most evil and heinous way.  It used his Saudi nationality and love for his fiancée to lure Khashoggi into a trap.

The public has the opportunity to see the gross excesses of wealth and privilege that funded Epstein's criminal enterprise.  PEU profits garnered Epstein over $170 million from Apollo founder Leon Black.  Every White House from Bill Clinton to today catered to the PEU class.  Most cabinets, Red and Blue, were chock full of PEUs.

Those excesses exist today, albeit at grossly higher amounts.  PEU legends have been joined by TechGods and Cryptobros in mining Uncle Sam's wallet and steering government policy in a billionaire friendly direction.  How many of these insiders have a predilection for underaged girls?  Who is their supplier?  These are important questions for girls of today.  

One way to protect them is have Epstein's abusers named, shamed and detained.  Is the United States up to it?  

We damned well better be....

Crown Prince Dinner Guest List: MISSING

"The most open and transparent administration in the history of our country" is yet to reveal who has been invited to the Black-Tie dinner for Saudi Crown Prince Mohammed bin Salman tomorrow evening at the White House.

Will the public ever be informed of the PEU Legends, TechGods/CryptoBros, Wall Street Titans, corporate chiefs and subservient politicians of both political stripes that get to dine with the future Saudi King?  

Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one.  

And their princely sons shall be far richer than their kingly fathers.  Everybody else, not so much...

Trump-Crown Prince to Headline Investment Forum

For the fourth time in 2025 Trump II will spend quality time working on behalf of the Saudi monarchy. 

From Riyadh to Washington, the partnership that powers progress. Where innovation meets ambition, and every handshake tells a story of shared prosperity.

Trump II is throwing a Black-Tie dinner for Crown Prince Mohammed bin Salman tomorrow night.  Invitees include those doing the handshaking at U.S.-Saudi investment events, legendary private equity underwriters (PEU), TechGods/CryptoBros, Wall Street titans, corporate chiefs and politicians.  They've all made big bank while regular folk garner a smaller and smaller portion of the economic pie.  

On the agenda for Wednesday morning:

DIGITAL BLUEPRINT FOR TOMORROW’S AI WORLD

Rest assured, you are in the blueprint and they have big plans.  

If this does not sit right or you aren't feeling the shared prosperity, you may wish to have your voice heard.  Do so at your own risk as neither Trump or the Crown Prince are interested in feedback, only kowtowing and excessive compliments regarding their manhood, looks and accoutrements of power/wealth.

Both men will eventually exit the political scene.  They arrived by beating and both will leave as beaten men.

Credit Investors Should Watch Blue Owl

In 2017 Blue Owl Capital launched its first credit fund for retail investors, Blue Owl Capital Corporation II.  It intends to merge this fund with Blue Owl Capital Corporation (OBDC), a larger publicly-traded business development company (BDC) focused on private credit.

FT noted that some Fund II investors could lose in the share exchange.

If the mooted deal were to be approved by shareholders and completed at current prices, Blue Owl Capital Corporation II shareholders would see the value of their investments fall by about 20 per cent.

Blue Owl's merger presentation showed a 98% overlap between Fund II and OBDC.  

How does that turn into a 20% loss of share value?  Essentially, the investing public does not believe in Fund II's marks, given the number of recent private credit implosions.  

Blue Owl's CFO talked to FT about the merger.  He conceded Fund II investors could take a haircut under the deal structure.  The CFO called other options, like a public offering or a wind down, unappealing.  I don't believe making your long term investors angry is a winning strategy either.

FT shared the reality that Fund II investors may never get to tender their shares for early redemption, a right they had prior to the merger announcement and had been increasingly utilizing.

Blue Owl executives don't want to let their Fund II investors go at the price they have valued the assets (redemption cancellation).  It remains to be seen what happens with OBDC's share price between now and the closing date.  

Fund II investors should expect a hard sell, likely very different than the hard sell that got them into OBDC II.  

Retirees weighing what to do with your 401(k), please don't put it into private equity, private credit or anything crypto, straight up currency or a company with a digital treasury strategy.  Also, avoid AI at all costs, investment or use.  Blue Owl just did a big financing for Meta's AI.  

Eight years after launching investment grade private credit for retail investors in OBDC II, Blue Owl has set up a possible 20% haircut.  Eight years from now what might the Blue Owl-Meta joint venture debt ($27 billion) look like?  

Another Formal Party for Elite Potentates

Trump II will host a Black-Tie dinner at the White House for Saudi Crown Prince Mohammed bin Salman on Tuesday.  News reports indicate the guest list includes "business executives, lawmakers and governors."

The Crown Prince will host a U.S.-Saudi investment conference during his visit.  Saudi Arabia's sovereign wealth fund, Public Investment Fund (PIF), is headed by the Crown Prince.  It has been busy lately.  

Trump II's son-in-law Jared Kushner manages over $2 billion in Saudi money via Affinity Partners, a private equity underwriter (PEU).

At prior Saudi-U.S. investment meetings PEUs, Wall Street Giants and TechGods have been front and center.  Executives are invited to the upcoming White House dinner but the list of invitees is yet to be posted on the White House website.

Less than two weeks ago Trump II spoke at the American Business Forum in Miami.  The Saudi PIF was the presenting partner for the event.  

PIF has a Future Investment Institute (FII) and Trump spoke at the FII Priority meeting held from February 19-21, 2025 in Miami.

On May 13. 2025  Trump II might as well as have kissed the toes of the Crown Prince the way he slathered over the man at the U.S.-Saudi investment conference in Riyadh, Saudi Arabia.  Trump II brought back "trillions" in deals.  Remember, deal makers get deal fees.

Time will reveal if the guest list is made public.  It is still the People's House, although Trump II is determined to make it the PEUples'.

Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one.  They will gather Tuesday evening to celebrate murderous tyrants.  

Update:  The Sunday morning news shows interviewed two former PEUs, now in government roles under Trump II.  Affinity Partners' Kevin Hassett was on ABC's This Week and Flex Capital's Dan Driscoll was on CBS' Face the Nation.  Hassett worked for Jared Kushner and PEU founding father Michael Milken, while Driscoll had a number of major TechGods as limited partners at Flex.  I'm sure most watchers had no idea they were being PEU'd.  

Trump II Targets TechGod, PEUs & JP Morgan

Trump II, the digital Caligula, dined with J.P. Morgan CEO Jamie Dimon, then threw his bank under the Jeffrey Epstein bus the next morning.  Did he give Dimon the courtesy of a warning?  Doubtful.

Several months ago Trump II sought to change the Epstein narrative.  I wrote:

I imagine the Trump "Just Us" Department shopped the list of predators for Blue Team members and any never Trumpers of the Red version.

One of those Blue Team members is TechGod Reid Hoffman.  Bill Clinton is a former private equity underwriter (PEU) with Yucaipa   Larry Summers served as Managing Director for hedge fund D.E. Shaw and Special Advisor to Andreessen Horowitz (more TechGods).  

Jeffrey Epstein levered tax avoidance, money, and power just like the PEU boys and their new TechGod/Cryptobro brethren.  Epstein added illegal, underage sex, which apparently some very powerful men liked.  

Trump II has no truth for the American people, otherwise he would release the Epstein files.  Instead he's on a campaign of diversion, unjust personal enrichment and retribution, most recently to those wanting to force that Epstein release.

As for the Red Team's Marjorie Taylor Greene, Trump II may want to watch out.  She's angling for the next Speaker of the House.  There's not a Polymarket for that yet but I expect one in not so distant future.

Trump II is the boiling frog in the Epstein pot.  You can't be boiled in a pot you never jumped in.

Update 11-16-25:  Marjorie Taylor Greene offered:

“I would like to say humbly, I’m sorry for taking part in the toxic politics,” Greene said. “It’s very bad for our country.”

Speaker Greene?

TechGods Offer Another Way to Throw a Fight

Americans will have another sports micro-prediction option to add to their addiction portfolio thanks to Polymarket and TKO, the parent company of UFC and Zuffa Boxing.

TechGods brought us micro-dosing ketamine, micro-betting and now micro-prediction marketing (a fancier name for wagering between two people/entities/AI bots).  CNBC reported:

“What’s exciting about our approach is you can buy and sell and you can trade just like a stock throughout the fight,” Polymarket CEO Shayne Coplan said on CNBC’s “Squawk Box” Thursday. “You can buy and sell as momentum swings we will start with that and we will take from there based on customer feedback.”

Stock is equity in an organization.  Polymarket customers have no equity in the fighter they are wagering on to win or lose.  Most Polymarket wallets are losers, 85%.  

Professional athletes have been caught recently throwing micro-bets, so what better thing to introduce in a sport with a long history of throwing fights.  

To sum up:

Social media - addicting

AI bots - addicting, even deadly

AI porn - coming....

Online Sports Betting - addicting

Micro-dosing opioids - addicting

Micro sports betting - addicting

Generally regulated and taxed -  Casino Betting - addicting....Tobacco use - addicting....Alcohol use- addicting

TechGods have occupied the unregulated and untaxed addiction zones.  Enter those at your own physical, mental and financial risk.  They do not have your best interest at heart.

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