#ricoramiro

[ramirorico]

I had a lot of fun creating this abstract monster

[ricoramiro]

Taxi Millionaire in New York Filing for Bankruptcy, Blames Uber-Citibank Plot

Evgeny Freidman , a New Yorker who made millions off his taxi companies, is accustomed to getting what he wants. He even thought he had too much money and power to allow a small startup like Uber run over New York's taxi drivers. Read the story below. Evgeny Freidman, the taxi mogul, warned New York officials this spring that he was too big to fail and asked for a bailout of the taxi industry. He didn’t get one. So, on Wednesday, he filed a petition to put many of his taxi medallion-owning companies into bankruptcy. Medallions are the licenses many cities require to operate taxicabs, and their limited number has made them increasingly valuable over the last several decades. As recently as the summer of 2013, the kinds of medallions Mr. Freidman owns were worth as much as $1.2 million, far above the $739,000 of debt per medallion that is indicated in the bankruptcy filing. Continue reading: http://mobile.nytimes.com/2015/07/23/upshot/taxi-mogul-filing-bankruptcy-sees-a-uber-citibank-plot.html @ricoramiro

[ricoramiro]

If you're looking for great music online head over to Last.fm. You can set up a profile page and post links to all your blogs and social media accounts. ricoramiro