“COP is releasing its latest oversight report today entitled Valuing Treasury’s Acquisitions. This report is our own attempt to answer the fifth question in our first oversight report: Is the Public Receiving a Fair Deal? After reviewing the top ten TARP transactions, we learned that every time Treasury spent $100, it took back assets that were worth, on average, $66. This equals a $78 billion shortfall for the $254 billion spent on these deals so far.”

Duff & Phelps Final Valuation Report to the Congressional Oversight Panel:

• Valuation Report
• Appendix I
• Appendix II
• Appendix III
• Additional report for the COP: Legal Analysis of the Investments by the U.S. Department of the Treasury in Financial Institutions under the Troubled Asset Relief Program
• Related postings on financial system