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:
1.
The act of fripping on the zot
Get the hell out! I'm zot fripping!..
1.
It is the place that everyone goes to after a football game to hang out and have a "little party".
Everyone was so pumped we ..
