Big Shitpile

What is Big Shitpile?


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


Random Words:

1. the best band to come out of DC one of the best reggae bands ever the day they broke up was the day the music died. Out-of-towner: He..
1. The original rhythm guitar player for weezer. Was asked to leave the band before the release of Weezer (aka the Blue Album) due to unkno..
1. 1. Usually someone that is older and is a man, or is a shmuck. 2. Sometimes people who like to say it slowly, and need to repeat what t..