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. _____________________