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


40

Random Words:

1. The part of the western USA where the Church of Jesus Christ of Latter-Day Saintsis most prevalent, especially the states of Utah, Idaho..
1. When you're doing someone so hard and fast that you rub the skin on your penis raw from the friction burn. Ow, maybe I went a litt..
1. A person on YouTube who would rather have a argument with other YouTube users then to watch the video. Stop being a YouFag and watch th..