{"id":197,"date":"2009-02-06T11:20:01","date_gmt":"2009-02-06T11:20:01","guid":{"rendered":"http:\/\/www.whistleblowerlawyerblog.com\/2009\/02\/tarp_overpaid_for_bank_assets.html"},"modified":"2021-06-11T17:49:52","modified_gmt":"2021-06-11T21:49:52","slug":"tarp_overpaid_for_bank_assets","status":"publish","type":"post","link":"https:\/\/www.finchmccranie.com\/whistleblower-blog\/tarp_overpaid_for_bank_assets\/","title":{"rendered":"TARP Apparently Overpaid for Bank Assets, According to Congressional Oversight Panel"},"content":{"rendered":"

Those potential whistleblowers<\/a> watching for TARP waste, fraud and abuse <\/a>should note today’s report of the Congressional Oversight Panel. According to the report, the Treasury Department has received “far less value in stocks and warrants than the money it injected into financial institutions.” <\/p>\n

The report, “Valuing Treasury Acquisitions,” concludes that Treasury paid “substantially more for the assets it purchased under the TARP than the market value of those assets” at the time this deal was announced. The Panel revealed that, in the ten largest transactions with TARP funds, for each $100 spent by Treasury, it received assets worth only approximately $66.<\/p>\n

The full report can be found at COP.Senate.gov.<\/a><\/p>\n

Continue reading \u2192<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Those potential whistleblowers watching for TARP waste, fraud and abuse should note today’s report of the Congressional Oversight Panel. According to the report, the Treasury Department has received “far less value in stocks and warrants than the money it injected into financial institutions.” The report, “Valuing Treasury Acquisitions,” concludes that Treasury paid “substantially more for […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-197","post","type-post","status-publish","format-standard","hentry","category-false-claims-act"],"yoast_head":"\nTARP Apparently Overpaid for Bank Assets, According to Congressional Oversight Panel — Whistleblower Lawyer Blog — February 6, 2009<\/title>\n<meta name=\"description\" content=\"Those potential whistleblowers watching for TARP waste, fraud and abuse should note today's report of the Congressional Oversight Panel. According to the — February 6, 2009\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.finchmccranie.com\/whistleblower-blog\/tarp_overpaid_for_bank_assets\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"TARP Apparently Overpaid for Bank Assets, According to Congressional Oversight Panel — Whistleblower Lawyer Blog — February 6, 2009\" \/>\n<meta name=\"twitter:description\" content=\"Those potential whistleblowers watching for TARP waste, fraud and abuse should note today's report of the Congressional Oversight Panel. 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