>CURRENT OWNERSHIP: 17 percent of medallions are owned by cab fleets; 54 percent are owned by leasing agents, who delegate management to fleets; and 29 percent

>CURRENT OWNERSHIP: 17 percent of medallions are owned by cab fleets; 54 percent are owned by leasing agents, who delegate management to fleets; and 29 percent are owned by independent drivers. I think 29%, 12,187 * .29 ~ 3500 cab drivers, is not insignificant numbers. I don't know though anyone who owns their own medallions -- a few I knew worked for a company that leased their medallions and they paid something like $1000 per week.