The investigations come after The New York Times found that thousands of drivers were crushed under debt they could not repay. Source: NYT > Business – BRIAN M. ROSENTHAL
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money
The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans. Source: NYT > Business – BRIAN M. ROSENTHAL
‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers
Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found. Source: NYT > Business – BRIAN M. ROSENTHAL