Sunday, February 12, 2006

Economic Profiling

A recent article in the Charlotte Observer on "Linguistic Profiling" and another concerning Mittal Steel's attempt to take over the largest steel firm in Europe show that prices are not only variable but sometimes nonexistent depending on who's buying. China National Offshore Oil Corporation (CNOOC) found this out when it attempted to purchase Unocal oil in the United States.
Why does the same money in differently colored hands purchase less or nothing at all?

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