Big Shitpile

What is Big Shitpile?


1.

The part of a bank's or other lending institution's portfolio that is tied up in risky mortgages. Since many of these institutions are heavily into these loans, they become the 'big shitpile'.

The Big Shitpile Investment Banks are doing their damnedest to hide the full scale of their losses, by writing down only a little at a time.

See banks, investment, arm


0

Random Words:

1. Courtesy music is music you play while you are having sex or masturbating, so your roommates don't have to hear the sounds. The sm..
1. 1. 200 pounds of girl 2. A Wisconsin female Mike: Dude, That girl you were all over last night was at least a Milwaukee unit. RC: A..
1. An emulsion of butane (extracted as raw bitumen), and water used as an alternative fuel-source because of rising oil prices and to curb..