Let's Take a Lyft to the Hertz Bankruptcy Hearing ($HTZ)

We briefly noted taxis last week as a run-up to our discussion of the bloodbath that was Hertz's earnings report. A number of taxi cab companies have filed for bankruptcy. And now there are conservatorship worriesregarding the credit unions that hold extensive tax medallion loan portfolios. Meanwhile, Hertz reported and, as predicted, their numbers were a steaming pile of poop and the stock appropriately traded down 18%.