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And I have actually been honored to satisfy them and pleased to welcome them. Chairman Leahy. As my last inquiry, in some of the testimony this morning there has actually been a suggestion that, of course, just with all the hundreds of billions, trillions of bucks all set to invest, you must just go someplace else.


Stenger. I would certainly inform you that in this climate the capability to increase capital for things we are doing would have-- it is impossible to do so in a way that would certainly enable us as efficiently and as swiftly produce the things we have actually done. You can borrow money if you have got 50 percent down.


I can have obtained half of that if I had the $12 million in cash money to put up. Everybody understands that, yes, financial institutions have cash to lending as long as you have actually obtained half of it in your pocket prior to you request the various other fifty percent. That is not exactly how organization functions these days.

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You are talking from a real-world experience, not from a brain trust experience. I will leave that simply as an unjustified remark from the Chairman. Legislator Grassley. Senator Grassley. Thanks. I wish to be responsible in this problem of undocumented employees. I wish to confess that we just have anecdotal details, however I want to ask you to what extent you have to go or do most likely to make certain that the facilities make certain that the investments do not produce tasks for individuals below illegally.


Mr. Stenger. We have actually employed-- as I stated, at the Height we had 550 building employees on our project.


They are made up of 10, 15, 20, 30 staff members. They are profiting directly from the investment. I recognize the employees, I know their family members, and we have been able to use-- through these last 3 years of terrible economic chaos, we have actually been able to use almost every construction worker in our area and the surrounding regions.

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They are invested in the areas, and they are all U.S. employees. Senator Grassley. Mr. Stenger.


Thanks. Mr. North, along the very same lines of the inquiry I asked him, has your study revealed examples other-- and I only gave one instance, so I intend to confess that and be responsible concerning it-- of facilities working with undocumented individuals? Mr. North. That kind of data is very hard to obtain from USCIS, and I need to say that what we do understand about most of the internal aspects of that agency as for this program is worried connects to instances in which the personnel has said no to an application of some kind and afterwards the regional facility or the individual entrepreneur has gone to the Administrative Appeals Workplace-- which is component of the company-- and there we get files, we obtain a hearing officer informing us what is going more info on because specific case.




This is a bad application." There is a quantity of bad applications out there, yet just as soon as that process obtains before an administrative legislation court do we see a lot in the way of information. Currently, there was one situation that you discussed, and allow me just elaborate on that a little.

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Do not take as well long since I wish to ask an additional couple inquiries. Go ahead and promptly finish. Mr. North. The dairy ranch had claimed 17 workers, and they got right into it, and the judge discovered that 16 of them were illegals. Now, that is the one example I have, and it is an example.


Okay. I am going to ask different inquiries of each of the 3 of you, yet it handles this one problem. As I said in my opening statement, I am concerned concerning the prospective technicality that allows capitalists to withdraw their investment in regional centers after getting their copyright.


Divine, are you familiar with any kind of instances in which a capitalist withdrew the financial investment and strolled away immediately after obtaining an environment-friendly card? And if you are, or if you believe it is an issue, do you believe that it is a technicality that should be shut? Mr. Divine. I would state that many of the investors, if you asked what are their goals, they would certainly say, "I desire to get a permit, and I want to keep it.


Mr. Divine. Let me ask Mr. Stenger, is it typical for a capitalist in your experience to withdraw his or her investment right away after obtaining an eco-friendly card? Mr.


Senator, no.