Treasury paid $100 for every $66 in assets in top-ten TARP dealsCOP 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.
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