NYC Taxi Medallions' steep fare
09/28/20 • 37 min
4 Listeners
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.
Our sponsors this week:
Policy Genius - policygenius.com
Betterhelp - betterhelp.com/spectacular
Sign up to receive our brand new newsletter, featuring weekly recommendations from Lauren and the rest of the team at spectacularfailures.org/newsletter.
Read the transcript of the episode at spectacularfailures.org.
You can follow Spectacular Failures on Twitter at @failureshow and like us at Facebook.com/failureshow. We're @failure_show on Instagram. Follow Lauren Ober on Twitter and Instagram at @oberandout.
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.
Our sponsors this week:
Policy Genius - policygenius.com
Betterhelp - betterhelp.com/spectacular
Sign up to receive our brand new newsletter, featuring weekly recommendations from Lauren and the rest of the team at spectacularfailures.org/newsletter.
Read the transcript of the episode at spectacularfailures.org.
You can follow Spectacular Failures on Twitter at @failureshow and like us at Facebook.com/failureshow. We're @failure_show on Instagram. Follow Lauren Ober on Twitter and Instagram at @oberandout.
Previous Episode
Subprime times at Countrywide Financial
Before the housing bubble burst, Countrywide Financial was one of the nation’s largest home mortgage lenders. But after years of predatory lending practices, the predator went extinct.
Our sponsors this week:
Indeed - Indeed.com/spectacular
Policy Genius - Policygenius.com
Our Crowd - ourcrowd.com/spectacular
Sign up to receive our brand new newsletter, featuring weekly recommendations from Lauren and the rest of the team at spectacularfailures.org/newsletter.
Read the transcript of the episode at spectacularfailures.org.
You can follow Spectacular Failures on Twitter at @failureshow and like us at Facebook.com/failureshow. We're @failure_show on Instagram. Follow Lauren Ober on Twitter and Instagram at @oberandout.
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Our sponsors this week:
Bombas - Bombas.com/spectacular
Ourcrowd - Ourcrowd.com/spectacular
Sign up to receive our brand new newsletter, featuring weekly recommendations from Lauren and the rest of the team at spectacularfailures.org/newsletter.
Read the transcript of the episode at spectacularfailures.org.
You can follow Spectacular Failures on Twitter at @failureshow and like us at Facebook.com/failureshow. We're @failure_show on Instagram. Follow Lauren Ober on Twitter and Instagram at @oberandout.
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