Lenders Suffer as Uber and Lyft Soar and Disrupt New York’s Taxi Industry

by Amy Tanner
I must admit that until recently I really didn’t know anything about taxi cab medallions. I was born in Alabama and grew up in Montgomery where on the rare occasion you might see a taxi coming or going from the airport….if you were on that side of town! Over the years, I’ve visited New York on occasion where taxi cabs are literally at your fingertips 24 hours a day but, until t ...Read the full article