...—without the permission of the Darden School Foundation. Bank valuation subprime crisis multiples financial institutions In September 2008, in the midst of the subprime crisis, Jack Wilson, a manager with the student-run Darden Capital Management fund, is seeking to evaluate whether Comerica...

... with the results. Some investors considered the value too high; others considered it too low. Not surprisingly, some of the differences of opinion were correlated with whether or not the investors wanted to sell their shares of Teuer. Jerabek was instructed to build a valuation of Teuer using a multiples approach...