and it looks like hasi recorded income, noncash income from jupiter of about $200 million.i want to rephrase that rather than taking a share of this $380 million loss, hasi through the magic of this special accounting that applies to renewable energy projects said, hmm, actually why don't we say that we got profit from this of $200 million. so that's really the core of what hasi does and this is cash -- it will never receive this cash. what it does is it reverses that income gradually over 20 years and so it's going to reverse that at about $10 million a year now, it also makes loans, especially to its emis that are pretty stressed but rather than hasi saying, hey, these loans are actually not going well, they're recording interest income in the form of piks, paid in kind. that's basically the borrower saying we're having a tough time, here's an iou, here's an iou, here's an iou so it looks like hasi is receiving interest income, but it's just adding to what appears to be this unsustainable debt load that these becorrowers already have but on a cash flow statement it looks

symbol, hasi up next, the ceo with his first response to the allegations raised in this report. you're watching "closing bell" on cnbc. the dow continues to recover here, down a little more than 100 points - hiring is step one when it comes to our growth. we can't open a new shop or a new location without the right people in place. i couldn't keep up until i found ziprecruiter. ziprecruiter helps us get out there quickly and get us qualified candidates quickly. they sent us applicants that matched what i was looking for. i've hired for every role, entry-level technicians, service advisors, store managers. ziprecruiter helps me find all the right people, even the most difficult jobs to fill. - [announcer] ziprecruiter, rated the number one hiring site. try it for free at ziprecruiter.com (vo) introducing welcome unlimited from verizon. at our best price ever. just $30 per line. (fran) for real? (vo) for real, fran. $30 bucks. (fran) nice! (vo) keep your phone and we'll help you cover the cost to switch. (ned) easy peasy. (vo) just $30 dollars a line. only from verizon. the pursui

we'll give john a little boy, a shelf was not supposed to be a glitch. diplomat and merchant jerome hasi lived in russia for almost 20 years and left a rather curious account with us that well, if you will definitely change the plan i deal with these me only go out as well. so does that, is it you'd be? she misplaced that, that way you'll be, she was way around the garage. got dory. i be share solution dealership. i believe what you live source to look. i deal with the majority of those that you she's the only was ideas for. can i want to 6 mutually scro? you see me, so please, if you beat the machine's range in detail is put in his life. ross made easy mental by men, through swollen vacations with fishers, richly new believers will know pollution. you can water do the if you rotate. the montage in your book jerome mushroom really drew on, but i suppose each line, yes, we will die. taylor uses with me posted to for the borders because she has lee. and yet, you wor, usually with the invasion you case, you miss with dish, you know, with these little, when the ration i go to from going pret

kind of in other wordsy and hasy and kamala harris i do even need to get into that. newsom might look good playing president but he is not smart enough. so, if not them, who? michelle obama coincidentally is reappearing. hitting the airwaves to push her new book and tell us how awful america has become. >> a lot has happened. we have seen a global pandemic. we have seen insurrection. a rising tide of hate and bigotry and intolerance and a whole lot more. i have spoken to a lot of loved ones, many of you about what we all seem to be facing what was resulted in from that process is the new book it's called "the light we carry." i think of it as kind of a toolbox. >> jesse: is michigan sell saying she has the tools to fix the problems plaguing america? it certainly sounds like it. why else would she be writing a new book? she doesn't need the money. this book seems awfully political. mitchell's last book sold 17 million copies it wasn't as good as "how i saved the world" but you know people seemed to like it. let's say she did really well in the royalty department. and

think that is right. very well this week, hasi think that is riuht. ~ . very well this week, hasi thinkthis morning isjust how vicious this contest has got - vicious this contest has got atready~ _ vicious this contest has got already. we _ vicious this contest has got already. we have - vicious this contest has got already. we have seen- vicious this contest has got already. we have seen the| vicious this contest has got - already. we have seen the former chancellor — already. we have seen the former chancellor rishi _ already. we have seen the former chancellor rishi sunak _ already. we have seen the former chancellor rishi sunak currently . already. we have seen the former. chancellor rishi sunak currently the funder— chancellor rishi sunak currently the funder and — chancellor rishi sunak currently the funderand in— chancellor rishi sunak currently the funder and in terms _ chancellor rishi sunak currently the funder and in terms of— chancellor rishi sunak currently the funder and in terms of nominationsl funder and in terms of nominations from _ funder and in terms of nominations f

she hasie not been a big fan of lowering prescription drug costs at least not in recent years. how do we know she is not going to throw something into the works. what is your message to her? >> i'm not doing predictions about any of my colleagues. i'm talking about what makes this a bill that helps reduce inflation and on the part about taxes, that if we can get this through, it not only pays for the climate portion, and the health care portion, but it also has hundreds of billions of dollars left o over to actually reduce the national debt. this is a bill that truly is about fighting inflation, bringing down costs for families, and putting the country on a sounder economic footing. >> so you've described this bill as manchin and schumer as anti-inflationary. the fed has been doing some anti-inflationary activities this week. you warned that jerome powell shouldn't raise rates again, but he did today. d another historic rise. how worried you are now of the prospect of interest rise reducedpr recession in the comi weeks or months? >> i'm very worried. and the reason i'm worried

leslie picker following the money, which is a lot lower than it was earlier stock's getting clobbers hasiastructure >> near session lows takea look at those shares currently down about 15 1/2% on the heels of a short report that you mentioned, published by muddy waters hannon arm strong said it's the first dedicated to the investments in the climate solutions space with more than 9 billion in managed assets. the stock saw a huge run-up in 2020, amid excitement over esg tangential names the price is half of where it traded in its recent high in december 2020. muddy waters reports says esg and hannons stands for exaggerated standing and grifting, and takes aim at the accounting methods, alleging that it inflates gaap earnings through a loophole in the accounting of renewables subsidies among other tactics. maud di wa-- muddy waters says it's misleadlyingly high and the firm adjusts by 39%, and takes aim at how the company finances its dividends alleging 9% came from cash flow, and the rest from equity and debt raises. muddy waters says the company has quote misleading metrics that drove add

tournament has been amazing, the football- have been so good, the tournament has been amazing, the football hasis been fantastic i think it _ has been amazing, the football has been fantastic i think it is - has been amazing, the football has been fantastic i think it is going - been fantastic i think it is going to be _ been fantastic i think it is going to be great _ been fantastic i think it is going to be great-— to be great. third lion i want to score prediction, _ to be great. third lion i want to score prediction, can _ to be great. third lion i want to score prediction, can we - to be great. third lion i want to score prediction, can we do - to be great. third lion i want to score prediction, can we do it? | to be great. third lion i want to . score prediction, can we do it? we have never won it.— have never won it. absolutely. 3- two england- _ beth mead trying to get that golden boot. ladies, go and enjoy the game. thank you very much, three lions on the street. what more can we say. people still going on, we have only got about a0 minutes left, keep everything crossed. is it coming ho

europe and all the government response - least efficient in europe and all the government response hasin on the supply side, not— the government response has been on the supply side, not the _ the government response has been on the supply side, not the demand - the supply side, not the demand side, _ the supply side, not the demand side, so — the supply side, not the demand side, so talking... _ the supply side, not the demand side, so talking... instead - the supply side, not the demand side, so talking... instead of- side, so talking... instead of putting — side, so talking... instead of putting forward _ side, so talking... instead of putting forward a _ side, so talking... instead of| putting forward a programme side, so talking... instead of. putting forward a programme to insulate — putting forward a programme to insulate houses, _ putting forward a programme to insulate houses, they— putting forward a programme to insulate houses, they are - putting forward a programme toi insulate houses, they are talking about _ insulate houses, they are talking about more — insulate houses, t

- operating out of fear, and it has been like that basically since . operating out of fear, and it hasie race for the summer| conservative race for the summer path? does it become establishment, perhaps rishi sunak, versus the base and a candidate on the right? it’s and a candidate on the right? it's ossible. and a candidate on the right? it's possible- i _ and a candidate on the right? it�*s possible. i think, and a candidate on the right? it�*s possible. ithink, clearly, when conservative mps look at this race, there will also be a sense of wanting to give the wider membership a choice. i think that will be in the minds of some conservatives. but in the end, i think it is different to the us and that there hasn't really been that moment. maybe the house committee investigation into the storming of the capital will finally be that provocative and a sense. we have the issues around what seem to be borisjohnson's line of and what happened with chris pincher, who was an mp that had allegedly had sexual offence allegations made against him. i think there are some differences, but ultimatel

lu nike hasi lights of the house of commons, broken and ministerial code, the first to be finding officehat. i want as a responsible adult and placed in number— responsible adult and placed in number ten, responsible adult and placed in numberten, not a man responsible adult and placed in number ten, not a man caving responsible adult and placed in numberten, not a man caving in responsible adult and placed in number ten, not a man caving in such a contemptible way was part of the trust of— a contemptible way was part of the trust of those within it. that a contemptible way was part of the trust of those within it.— trust of those within it. that is the latest, another— trust of those within it. that is the latest, another cabinet. the latest, another cabinet resignation for boris johnson the latest, another cabinet resignation for borisjohnson and he has his work cut out tonight to try to convince us that his cabinet ministers, he has taken the time to write nicola sturgeon and say that they do not feel there should be another scottish independence referendum, what is your reaction to t