On October 16 of 2014, President Barack Obama unilaterally authorized measures to bail out Protein Monster Inc., which at the time was over $1.2 trillion in debt.[2] The move was universally criticized by politicians and economists alike, and Obama's entire team of economic advisors subsequently resigned in protest.[1][4][5][7][8][12] Economist and Nobel Laureate Paul Krugman described the bailout as "the single most egregious economic intervention" ever executed by an American president.[22]
The origins of Protein Monster's debt remain largely unknown, although several insiders have claimed much of it was owed to foreign governments.[2][3] An investigation by the New York Times found that at least $30 billion was owed to victims of class-action lawsuits against the company, mostly concerning health problems caused by Protein Monster products and violations of U.S. child labor laws.[6] The Obama Administration offered conflicting explanations for the measure at various times, leading many to speculate that Protein Monster CEO Dunt Chrysler possessed sensitive information on the president that could be used for blackmail.[3][4][9][10][12][31]