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Mid-day Update

PODCAST: White House won’t let Fannie and Freddie be sold back to investors

David Brancaccio Nov 21, 2013
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Mid-day Update

PODCAST: White House won’t let Fannie and Freddie be sold back to investors

David Brancaccio Nov 21, 2013
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COPY

The White House is throwing cold water on a private investment group’s proposal to recapitalize Fannie Mae and Freddie Mac, the giant government-owned and government–backed mortgage companies.

Heritage Auctions specializes in collectibles, but tonight it’s breaking in a new line of business: Domain names. Mutuafunds.com, with a minimum bid of $1 million, is the star attraction, but 60-some others will also be on offer,including suit.com ($95,000 minimum bid), tie.com (minimum $100,000), and bulkdiapers.com (minimum $500).

The American economy can only improve with a great workforce, and Marketplace’s Chris Farrell is worried that tech-driven hiring systems aren’t helping in the way they should.

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