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NPR Planet Money had a good episode on Gene Freidman aka The Taxi King of New York. He basically borrowed like crazy to buy as many medallions as he could. I don't know what percentage he holds but I believe he is the single largest owner of medallions. He has been hit hard by this and there is a pretty big chance his cab company will go under in the next 5 years.
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[–] shinybedpan 0 points 2 points 2 points (+2|-0) ago
NPR Planet Money had a good episode on Gene Freidman aka The Taxi King of New York. He basically borrowed like crazy to buy as many medallions as he could. I don't know what percentage he holds but I believe he is the single largest owner of medallions. He has been hit hard by this and there is a pretty big chance his cab company will go under in the next 5 years.
Episode 643: The Taxi King