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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Random Words:
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A colloquial term for crack cocaine.Maybe.
Brass Eye TM - "have you got any quack handle?"
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A colloquial term for crack c..
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One who chokes on a males penis when sucking it. It is a negative term for anyone who give a "bad" blow job. A throat clobber&..
