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N.Y.'s Taxi Medallions Beat Stocks, Sell for $477,666

posted May 29, 2007 - 2:10pm
N.Y.'s Taxi Medallions Beat Stocks, Sell for $477,666

In New York, the capital of world finance, the hottest investment isn't stocks, bonds, commodities or even Manhattan apartments. It's taxi medallions, the metal plates affixed to the hoods of the city's 12,779 yellow cabs.


Website: http://www.bloomberg.com/apps/news?pid=20670001&re...
Author: karbon
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