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

The White House is throwing cold water on a private investment group’s proposal to recapitalize Fannie Mae and Freddie Mac. At auction tonight, the domain name mutualfunds.com won't break 2013's record unless it fetches more than$4.7 million. And, are high tech hiring systems keeping Americans out of work?

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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