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.
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A creation of an epic name, that will potentially be names of babies all over the world. It combines two names that are extremely common..
1.
noun - Diarrhea brought on by either hearing,seeing or experiencing any of Obama's political decisions.
"Oh man...I just watc..