Business Insider -
17 Sep 2017 16:34

Thomson Reuters In July 2015, Evgeny "Gene" Freidman — New York City's one-time "Taxi King" —filed for Chapter 11 bankruptcy protectionfor 22 of his companies after defaulting on a $34 million loan from Citibank. Those 22 companies held a total of 46 taxi medallions,the metal plates on the hoods of yellow cabs that allow them tolegally pick up people on the streets. Freidman at one time was one of New York City's biggest taxi owners with over 800 medallions. But perhaps even more interesting...
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