It sounds like The Carlyle Group, a politically connected private equity underwriter (PEU), is deploying a high tech, deal scoping, credit climate monitoring, international radar system named Paydar. Might it be seen on prime time?
"Captain, our LLC firewalls are imploding. Romulan collateral calls are overwhelming our highly leveraged capital positions. I'm giving it all I've got. She can't take any more."
"Dammit Jim, I'm just a country doctor. The Paydar system gave ample warning, but this financial heart attack was so massive... It's fatal."
Sorry, Paydar won't be coming to prime time, at least not in the U.S. PEHUB reported:
Global private equity firm The Carlyle Group today announced it has named Annie Paydar Head of Human Resources for the European and MENA regions. Ms. Paydar has worked in Human Resources at Carlyle for more than five years, previously leading HR activities in the New York office. She will now be based in London.
Prior to joining Carlyle in 2004, Ms. Paydar was part of the Human Resources team with The Blackstone Group in New York City. She earned her Bachelors degree in Political Science and Communications from the University of Utah.
Background in political science? Ms. Paydar must be aware of Carlyle's affiliates propensity to suckle on the taxpayer tit. Surely, she knows about lavish tax breaks and other direct gifts from members of Congress. Paydar was with Carlyle in 2005, the year Katrina struck. LifeCare's 25 deaths post landfall required a talented risk manager, one so skilled the Carlyle affiliate warranted not one mention in the Bush White House Lessons Learned report.
Her job will be to hire Carlyle workers who can pull the same levers in their home countries. If she's successful, Paydar will hit Paydirt. Oddly, dirt is what people are eating in Haiti to give the sensation of fullness.