I warmed up the engine, hooked up the trailer and left slowly to warm things up. The turbo started whining real bad, there was a grinding noise, then it stopped. [In the space of 1 block] I looked in the rear view and saw plumes of white smoke the likes of which I have never seen. Enough white smoke, that it obliterated from view, the front yards and houses on both sides of the street. Power seemed the same until I got into it a little [I thought oh, w. t. f.] ran OK, but no power and no boost! I got back to base OK to find oil pumping out of the exhaust. Large puddles of oil. The oil pressure was normal. I checked the oil, not on stick, added oil, restarted engine, no blow by detected by removing the oil filler cap, just a steady stream of engine oil flowing out the exhaust pipe. Now I am regulated to use the f150, kinda sux. I hope there is no permanent engine damage. This is a first for me. Anyone experienced the same problem, turbo failure?