China Recycling Energy Corp (CREG.OB) has landed what may be the most prestigious institutional investor of them all - The Carlyle Group. This is the DC-based private equity outfit that once had George HW Bush on its board. Previous board members of its Asian operations included Fidel Ramos (ex-President of the Philippines) and Thaksin Shinawatra (ex-PM of Thailand). This is top pedigree, bluer-than-blue type of investor; the type that you want.