Medallion owners were suckered into "investing" in them when law mandated that taxi drivers NEED to buy them. Ideally, they should just have been asked to go through a taxi training program and asked to interview at taxi commpanies and get a job. Much like airline pilots. They are innocent humans and should be reimbursed (maybe with a haircut).

Banks need to suck it up. I don't care about them. They cal lay off some execs to make up that money if they want to.