Ex-Goldman Sachs CEO Lloyd Blankfein warns of a potential financial reckoning driven by Wall Street's push to expose everyday Americans to the $1.8 trillion private credit market. Blankfein fears this expansion, accelerated by a 2020 executive order allowing private investments like private credit into retirement accounts, could expose retail investors to hidden leverage and illiquid assets. He cautions that the timing is perilous, as financial firms reap profits from these investments while retail access expands just as the market cycle nears its late stages. Market Financial Solutions' insolvency in the UK highlights the sector's fragility.