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. Means 'God' in the ancient tounges of dark thieves who haunted several large cities back in the 13th century. Have you been p..
1. smoKING, drinKING, sucKING, fucKING, licKING not necesarily limited to 5 but otherwise would be known as the kings of indecency, usuall..
1. stupid, F'ed UP, not normal he has left handed scissors....YO THATS QWUAM 1. stupid, F'ed UP, not normal he has left hande..