Toxic Assets

What is Toxic Assets?


1.

Paper purchases made by banks that turn out to have little or no real value.

AIG bank failed because they had 50 billion dollars worth of toxic assets

See depression, worthless


8

Random Words:

1. Having great intellect in all things sarcastic and smack talkable while possessing a wit and subtle charm as not to offend. Usually fo..
1. Dildo made from frozen water in a penis-shaped mold. Obviously melts after some use. Stage prop for strippers. The stripper used an i..
1. 1. What Jack Black says when he does a karate chop. 2. The name of the shout at the end of taekwondo patterns. 1. You took my fucking ..