NYC Taxi Medallions' steep fare
Spectacular Failures
English - September 28, 2020 10:00 - 37 minutes - 34.4 MB - ★★★★ - 3.9K ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Even before Uber and Lyft pulled into town, NYC yellow cabs were having a rough ride. Reckless lending practices and inflated taxi medallion prices racked up profits for the city and debt for drivers. Then, the bubble did what bubbles do.
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