Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun vulgar A
heap ofexcrement . - noun vulgar A very large amount.
- noun vulgar An unpleasant place or situation.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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And some people think the shitpile is only $182 TRILLION dollars.
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Quite a lot of the shitpile is composed of jumbo mortgages, which aren’t usually made available to Ma and Pa Kettle.
The Root of All Evil 2008
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Then they syndicated those loans a.k.a. "shitpile" internationally, spreading the risk of these terrible decisions.
"As an economist, I am supposed to have something intelligent to say about the current financial crisis." Ann Althouse 2008
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Included is a form where people can name and describe their "shitpile," upload an image, and assess a value - with an "I swear on my mother's pinky that this shitpile is really worth that much" disclaimer.
Want the Govt. to Buy YOUR Bad Assets? Stop by Wall Street at 4 P.M. Today 2008
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We first pumped tens of billions of dollars into these institutions via the TARP, set up another program to aid them further by offering investors the opportunity to purchase the "shitpile" on their books with sweet federal subsidies, and they then turn around and buy the shitpile back -- effectively -- with taxpayer-backed loans.
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"shitpile" on their books with sweet federal subsidies, and they then turn around and now they're essentially going to buy the assets back with taxpayer-backed loans.
Signs of the Times 2009
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Will the right develop a rhetorical equivalent of “big shitpile” to emphasize how fundamentally disastrous the situation is?
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Correction: Credit Default swaps currently only make up $15 Trillion of the shitpile.
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It's a good photo, you can follow butterflies around all day with a camera and rarely find them feasting on a shitpile.
Science Question from a Toddler: Why is poop brown? Boing Boing 2009
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Big shitpile occurred because the cycle happened along with weird, baroque securitization, decreased lending standards, and very lax government oversight beowulf Says:
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