Shitibank

Several years ago, Atrios and others started calling the current financial crisis "Big Shitpile", because of the image of bankers desperately running around trying to figure out where to put all those toxic assets.

Now, the Obama Administration is considering creating a "Bad Bank", whose sole purpose is to buy up all those toxic assets, so all the other banks can be healthy again.

Josh Marshall is now referring to the "Bad Bank" as "Shitibank".