‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers (nytimes.com) 3 points by pseudolus 7y ago ↗ HN
[–] pseudolus 7y ago ↗ The second part of the story, "As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money", is online [0].[0] https://www.nytimes.com/2019/05/19/nyregion/taxi-medallions....
[–] rqqt 7y ago ↗ I don't understand how a person can look at the 1.7M pricetag for a medallion and think they can survive against all the shady, entrenched middlemen and bankers?These characters are straight out of the Wolf of Wall Street.
2 comments
[ 3.1 ms ] story [ 15.4 ms ] thread[0] https://www.nytimes.com/2019/05/19/nyregion/taxi-medallions....
These characters are straight out of the Wolf of Wall Street.