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Medallion Financial (TAXI +5.1%), provider of financing for taxicab medallions in some major...

Medallion Financial (TAXI +5.1%), provider of financing for taxicab medallions in some major U.S. cities, speeds to a three-year high on a NYT report that NYC taxi medallion prices hit a record $1M, up from $10 when first issued in 1937. Not a bad investment: The value of a medallion is up 1,900% since 1981.
Comments (2)
  • Mr. Massive
    , contributor
    Comments (125) | Send Message
     
    next bubble - its ridic
    21 Oct 2011, 04:19 PM Reply Like
  • alexbrooklyn
    , contributor
    Comments (93) | Send Message
     
    No wonder a cab ride in NYC became so expensive!
    22 Oct 2011, 10:35 AM Reply Like
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