+1 ^ good post.
What Fzabkar provided is a very good possibility that is that the TVS (Transit voltage Protection) diode is shorted. The normal function of this diode is to protect against voltage spikes which are very short duration and does not destroy the diode, but if the overvoltage last for too long then the diode will be destroyed resulting in a short. This diode also will normally protect against reverse voltage (acts like any other forward biased diode), but in this case it is also distorted (ie shorted). In some cases this short, depending on the power supply current capabilities, and how long the voltage is applied may “burn” the diode open in which case other components will be destroyed.
If you know how to use a DVM (cheap ones are available at radio shack and automotive stores. Then if you can ohms check the input power. Measure it with the Black lead connect to one side of the power, red lead to the other side. Then repeat by reversing the meter leads. One way should be high resistance and the revered connection should be a lower resistance. Low Resistance both ways indicates a shorted diode. If this is the case then Fzabkar’s first link may be used to locate the diodes.
Fzabkar. While I would concur that most Switching Power supplies provide regulation such as Computer PSUs, Many of the “cheaper” power adaptors (generally above two amps) omit the “regulator” circuit and use a fixed Pulse width modulation (gee who would suspect manuf to cut cost) and rely on the device that is being powered to provide the regulation. For cheap Adaptors below two amps, a simple step down transformer, rectifier and filter are often used and as long as the current rating is not exceeded the output is acceptable.