Cabbies worry as hedge fund snaps up taxi medallions
(New York Post Business)

New York taxi drivers and politicians are raising alarms after a secretive hedge fund this week quietly became the city´s largest owner of taxi-medallion loans. Marblegate Asset Management - a tight-lipped investment firm that has already scooped up some 300 medallions and 1,000 loans, many of them previously owned by disgraced `Taxi King` Gene Freidman...