You are viewing a single comment's thread.

view the rest of the comments →

0
2

[–] shinybedpan 0 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