Uber, Lyft And No More Loans: Twilight Is Here For Big-City Taxi Barons
Morning Edition | Aug 7, 2015
Not too long ago, a New York taxi medallion was worth more than a million dollars. Gene Friedman managed to buy more than 1,000. But that was before Uber, and now people like Friedman face bankruptcy.
Listen to the full story by Planet Money.
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Robert Smith
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