LIZ: FROM THE ENERGY BUSINESS TO
A HOT HEALTHY FRUIT BUSINESS,
THERE'S A LITTLE TALK ABOUT
GOVERNMENT OFFICE READY TO
POSSIBLY HELP, REAL LIFE EXAMPLE
DURING SURFING TRIP TO BRAZIL 20
YEARS AGO TWO FRIENDS SAW THE
POTENTIAL FOR A BUSINESS
BRINGING THE BERRY, THE BERRY ON
THE SCREEN, BIG IN SMOOTHIES AND
SIDE BOWLS IN THE U.S. TO COME
HERE TO AMERICA, UNFORTUNATELY
THEY WERE UNABLE TO GET A LOAN
DUE TO REMOTE LOCATION WHERE
THEY WANTED TO SET UP PROCESSING
FACILITY SO THEY FOUND THAT THEY
COULD TURN TO OVERSEAS PRIVATE
INVESTMENT CORPORATION WHICH IS
A SELF-SUSTAINING GOVERNMENT
AGENCY THAT HELPS BUSINESSES
INVEST IN EMERGING MARKETS,
REPAID THEIR LOAN AND ARE NOW
RUNNING A PROFITABLE COMPANY.
SO DO YOU THINK YOU HAVE A GREAT
BUSINESS INVESTMENT IN EMERGING
MARKET, OPAC CAN HELP, NOT OPEC.
JOINING ME CEO AND PRESIDENT RAY
WASHBURNE AND I NEED TO HAVE YOU
EXPLAIN RIGHT AWAY MANY PEOPLE
INCLUDING MYSELF, AYE NEVER
HEARD OF THIS OFFICE, WHAT DO
YOU GUYS DO EXAND -- AND EXPLAIN
TO OUR VIEWERS IN.
>> HELP BUSINESSES HELP GET
FINANCING WHERE IT WASN'T
AVAILABLE LOCALLY TO DEVELOP
BUSINESS, JUST LIKE THE STORY
YOU JUST SAID.
LIZ: HOW IS THAT DIFFERENT FROM
SMALL BUSINESS LOANS?
>> SBA IS DOMESTICALLY FOCUSED.
WE DO BUSINESS IN 130 COUNTRIES
AROUND THE WORLD.
WE HAVE 800 PROJECTS.
WE MANAGE PORTFOLIO OF
$29 BILLION THAT IS SMALL
INTEREST LOANS WITH LONG-TERM
AND WE DO POWER PLANTS,
RAILROADS, ALL TYPES OF
PROJECTS.
LIZ: MAKES A LOT OF SENSE AND
TALKING BEFORE THE SEGMENT THAT
THE PRESIDENT IS VERY CONCERNED,
HE SAYS HE'S CONCERNED THAT
GERMANY WILL BECOME DEPENDENT ON
RUSSIAN GAS BECAUSE THE PIPELINE
IS THE BEST THING GOING IN THE
REGION, NOT TO MENTION WE HAVE
SEEN THE RUSSIANS WEPONIZED GAS
DURING COLD WINTER DURING
UKRAINIANS, WOULDN'T IT MAKE
SENSE FOR THE UNITED STATES TO
GO IN AND DO SOMETHING, TALK
ABOUT THE NUCLEAR HELP THAT YOU
HELP WITH A LOAN TO GO INTO THAT
REGION?
>> ACTUALLY WHAT IT WAS IS
THERE'S A NUCLEAR PLANT IN THE
UKRAINE THAT SPENT NUCLEAR FUEL
RODS, THERE'S A BIG DEPENDENCY
IN UKRAINE ON RUSSIA, AND SO WE
FINANCED A COMPANY ACTUALLY OUT
OF NEW JERSEY THAT BUILDS
NUCLEAR CASINGS FOR NUCLEAR FUEL
RODS TO PLANT THEM AND SO WE
WENT AND DID THAT, GOT THEM OFF
RUSSIAN DEPENDENCE ON THAT AND
IN ADDITION IN UKRAINE WE HAVE
OVER A BILLION DOLLARS ACTUALLY
IN LOANS AND ALL TYPES OF
PROJECTS.
LIZ: MAKES ME WONDER HOW DO YOU
JUDGE WHO CAN BE A CANDIDATE?
I'VE GOT VIEWERS WHO ARE
PROBABLY LET ME GET THIS GUY ON
THE PHONE.
>> SURE.
LIZ: WHAT ARE PARAMETERS AND THE
TERMS OF THE LOAN?
>> THE PARAMETERS ARE AS I SAID
WE ARE OPEN IN 1130 DIFFERENT
COUNTRIES, SMALL BUSINESS
LENDING AND COSTA RICA UP TO
50 MILLION LARGE POWER PLANTS.
LIZ: U.S. COMPANIES WANTING TO
DO BUSINESS IN THOSE COUNTRIES?
>> WE HAVE 25% U.S. COMMITMENT
TO IT.
THERE'S A BILL ACT WHICH IS A
NEW PIECE OF LEGISLATION THAT
WOULD BE VOTED ON TOMORROW IN
CONGRESS THAT'S ACTUALLY GOING
TO TAKE OPIC AND STRENGTHEN IT
AND NOT ONLY LENDER.
LIZ: I CAN HEAR LIBERTARIAN
SCREAMING, AT THE OBAMA
ADMINISTRATION GOT ALL KINDS OF
GRIEF FOR FLOATING IN MONEY TO
LOANS TO CERTAIN GREEN COMPANIES
THAT ENDED UP FAILING, HOW DO
YOU ENSURE, CAN YOU ENSURE THAT
THESE BUSINESSES WON'T FAIL
BECAUSE THIS IS TAXPAYER'S
DOLLAR IN THE END?
>> FIRST OF ALL, WE FINANCE
DEALS THAT ARE UNABLE TO GET
FINANCED ELSEWHERE, THERE'S A
TREMENDOUS AMOUNT OF EQUITY THAT
GOES INTO THE PROJECTS.
WERE REALLY A TOOL OF NATIONAL,
FOREIGN POLICY FOR THE UNITED
STATES, SO, FOR EXAMPLE N
CENTRAL AMERICA WHICH HAS
EXTREMELY HIGH UNEMPLOYMENT
RATE, WE ARE DOWN THERE TRYING
TO CREATE BUSINESSES THAT CREATE
JOBS THAT KEEP PEOPLE STABLE AND
IF THEY ARE STABLE AND THE
COMMUNITIES ARE STABLE THEN THAT
CREATES STABLE COMMUNITIES AND
GOVERNMENTS.
LIZ: CAN YOU GIVE US AN EXAMPLE
OF A COMPANY THAT'S THE MOST
EXCITING FOR YOU GUYS RIGHT NOW
AND WHICH COUNTRY IT'S GOING IN
THAT YOU'RE HELPING?
>> I WAS RECENTLY IN AFRICA.
I TRAVELED TO 7 COUNTRIES AND
BOSTWANA, ALL OVER, THE EXCITING
THING FOR ME IS SEEING PROJECTS
ON THE GROUND LIKE WATER
PROJECTS THAT ARE ABLE TO GO TO
COMMUNITIES AND BRING CLEAN
WATER AND YOU THINK WELL, HOW IS
CLEAN WATER -- OPIC MADE
$270 MILLION IN FEDERAL
GOVERNMENT FOR THE UNITED
STATES.
BY DOING THAT THAT BRINGS
HEALTH, SAFETY COMPANIES INTO
COMMUNITIES.
SO WATER IS EXCITING ASPECT FOR
US.
LIZ: CHINA IS GIVING MONEY ALL
OF THE TIME TO ITS COMPANIES TO
GIVE THEM A LEG UP, I'M GLAD TO
HEAR THAT WE ARE DOING THIS TOO.
TO OWN PROGRAMS, LEARNING ON
INFRASTRUCTURE PROJECTS THAT
DON'T MAKE ANY KIND OF ECONOMIC
SENSE WHATSOEVER AND ADDITIONAL
COLLATERAL THEY TAKE RIT -- LIT
YUM --
MASSIVE MULTIBILLION DOLLAR
PROJECT, THEY COULDN'T PAY IT
BACK, THE CHINESE TOOK IT AND
GIVE THEM A KEY LOGISTICS PORT
IN THE INDIAN OCEAN.
LIZ: OVERSEAS PRIVATE
INVESTIGATION CORPORATION, OPIC,