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Re: philipmax post# 711990

Friday, 02/18/2022 3:22:47 PM

Friday, February 18, 2022 3:22:47 PM

Post# of 867281
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https://fiderer-on-gses-etc.mozello.com/blog/params/post/1258858/blackrock-document-refutes-hank-paulsons-story-about-gse-takeovers

August 25, 2008, echoes FHFA’s finding and refutes Paulson's claims.  BlackRock stated that, "Long-term solvency does not appear to be endangered - we do not expect Freddie Mac to breach critical capital levels even in stress case." It said that, as of June 30, 2008, the company was adequately capitalized. And, though there was a risk that the company might see a capital shortfall in 2009 or later, the company was most likely to maintain its $29 billion in core capital.
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