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
Random Words:
1.
A person who appears to know how to read and/or write however refuses to do so either knowingly or unknowingly.
Absolutely no relati..
1.
Someone who always believes the items, fads, morals of the past are better than what is comparable today. Someone who fanatically believ..
1.
to be completely and utterly fucked over in an argument.... verbally
m8 ur getting a ryt fucking verballing from dick head mcgee over t..