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.
A penis.
Note: Often "smothered in underwear."
Girl: "I'm awfully hungry."
Boy: "Feel like a zipper hoa..
1.
1. Statement of thinly veiled elitism. Often used when requestor is not deserving of help, or is not seen as deserving of help by philan..
