Grifters Just Keep Grifting

In this latest episode of Back on The Block, we re-examine recent short calls from Muddy Waters Capital now that the company has had an opportunity to respond. Carson Block of Muddy Waters sits down to give us his take on management’s response, or lack thereof, and how the new Inflation Reduction Act might impact the outlook for SunRun (RUN) and Hannon Armstrong (HASI). Of the questions that management has been dodging, Carson is curious to see just how long SunRun will maintain its farcical discount rate of 5%, despite its own zero-coupon bonds hitting a recent high of 13%. And given the overall rising rate environment, it will only become more difficult for both companies to forge ahead with their financing needs.