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
Random Words:
1.
The absolute king of Japanese hard trance. Simple as that!
Make the world a better place and go listen to some Yoji Biomehanika.
See h..
1.
Taking a serious dump after returning to work from lunch.
Joe: Say man, lunch was epic good eats
Mike: Fo sho Joe wheezy, i'll be..