It turns out the Bush administration's incompetence in spending money wisely is another company's market opportunity. The Carlyle Group, a politically connected private equity underwriter (PEU), announced the hiring of Deidre A. Lee. She will be the Director for Defense and Intelligence Markets for their affiliate, Compusearch. Diedre's most recent stint involved purchasing for FEMA, but she also has Defense Department acquisition experience.
Apparently Ms. Lee wasn't involved in or unable to make up for bad systems that produced quantifiably poor purchasing results after Hurricane Katrina and during America's war effort in Iraq. Consider the glowing words Charles Rossotti, another Carlyle ex-government insider, had to say:
"Dee is one of the most respected leaders in the federal government acquisition community,” said Carlyle Senior Advisor, former IRS Commissioner, and Compusearch Board member Charles Rossotti. “Her track record of improving federal procurement operations is impeccable. She has helped government procurement become more efficient, visible, transparent, and accountable to the American people. Dee’s skills, experience, and passion are perfectly matched to build on Compusearch's 25 years of procurement expertise to tackle the unique acquisition challenges facing our nation’s defense and intelligence communities.”
Funny, Carlyle will close later this year on one of the government's largest intelligence providers, Booz, Allen, & Hamilton. How will this move fit into the Carlyle chess board?
Carlyle co-founder, William Conway, hates a level playing field. It seems the board tilts further to his PEU's advantage with the latest political hire. Execution is the key to the government industrial monstrosity.
Apparently Ms. Lee wasn't involved in or unable to make up for bad systems that produced quantifiably poor purchasing results after Hurricane Katrina and during America's war effort in Iraq. Consider the glowing words Charles Rossotti, another Carlyle ex-government insider, had to say:
"Dee is one of the most respected leaders in the federal government acquisition community,” said Carlyle Senior Advisor, former IRS Commissioner, and Compusearch Board member Charles Rossotti. “Her track record of improving federal procurement operations is impeccable. She has helped government procurement become more efficient, visible, transparent, and accountable to the American people. Dee’s skills, experience, and passion are perfectly matched to build on Compusearch's 25 years of procurement expertise to tackle the unique acquisition challenges facing our nation’s defense and intelligence communities.”
Funny, Carlyle will close later this year on one of the government's largest intelligence providers, Booz, Allen, & Hamilton. How will this move fit into the Carlyle chess board?
Carlyle co-founder, William Conway, hates a level playing field. It seems the board tilts further to his PEU's advantage with the latest political hire. Execution is the key to the government industrial monstrosity.
