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businessSep 28, 202037:25pending

NYC Taxi Medallions' steep fare

About this episode

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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NYC Taxi Medallions' steep fare

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