Toxic Assets

What is Toxic Assets?

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

[obamabiden]

1. Origin German Austrian, verb meaning, weak and angry. Obamabiden, source, German Austrian; verb; meaning; weak and angry. Yo, your ac..

Stackin' Cheese

1. to stack wins by beating other teams severely. Agoura High School Water Polo team is stackin' cheese this season! See stack, wins..

The Thinker

1. a silent signal barfly girls and burnout women use among one another about a guy that means, "I can't manipulate anything out ..

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Toxic Assets Edit Meaning