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Articles by Nelson D. Schwartz

THE NEW YORK TIMES
December 3, 2013
Bucking fears of a sharp brake on growth after the government shutdown in the United States and earlier signs of distress in Europe and Asia, global manufacturing activity sped up in November, raising hopes for a broader global economic turnaround in the coming year.
THE NEW YORK TIMES
October 23, 2012
As China’s economy cools, U.S. exporters are increasingly feeling the chill.
THE NEW YORK TIMES
February 24, 2012
Bank of America said Thursday that it would no longer sell new mortgages to Fannie Mae, underscoring tensions in a fight between two giants of the home loan market over billions in losses in the housing bubble.
THE NEW YORK TIMES
September 2, 2011
The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks, accusing them of misrepresenting the quality of mortgage securities they assembled and sold at the height of the housing bubble, and seeking billions of dollars in compensation.
THE NEW YORK TIMES
August 26, 2011
Warren E. Buffett, the legendary investor, is sinking $5 billion into Bank of America in a bold show of faith in the country’s biggest, and most beleaguered, financial institution. It comes amid deepening worries about the long-term health of the company, which has already had to set aside roughly $20 billion to atone for its mortgage misdeeds at the height of the housing bubble.
THE NEW YORK TIMES
March 20, 2009
Since it was founded by his great-grandfather in 1880, Carl Martin Welcker’s company in Cologne, Germany, has mirrored the fortunes of manufacturing, not just in Europe but around the world.
THE NEW YORK TIMES
February 24, 2009
Since the fall of the Berlin Wall, the countries of Eastern Europe have emerged as critical allies of the United States in the region, embracing American-style capitalism and borrowing heavily from Western European banks to fund their rise.
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