Baby you can drive my TAXI

Taxi Commission officials say hundreds of medallion holders aren’t driving cabs, and that’s against the law

It's approximately 8:30 on Sunday night and the cabbie, who doesn't have a medallion, zooms toward the airport, a drowsy Manhattan bond trader in the back seat. The bond guy journeyed to California to hunt wild boar with buddies in Sonoma for the weekend, and is now headed back to New York and the Wall Street hustle.

As he drives, the cabbie breaks down the economics of the taxi business. He'd paid a $78 "gate" fee to rent the cab and medallion, and so far — about three hours into the shift — he's yet to break even. "That 20 minutes without a fare sucks," he says. "That'll put a hole in your night. You need to be busy every minute, constantly busy."

James Sanders
At the Taxi Commission, Heidi Machen and Jordanna Thigpen are rooting out medallion fraud.
James Sanders
At the Taxi Commission, Heidi Machen and Jordanna Thigpen are rooting out medallion fraud.

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Of course, things will be different if he ever gets a medallion. Then he'll able to lounge around, get creative with the paperwork, and stash away a couple thousand per month — all for doing absolutely nothing.

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