[asmithmd1]

Uber is a great service - head and shoulders above the entrenched taxi industry. Customers like them better, the drivers like them better; but they are lucky that Goldman Sachs had never created a medallion investment vehicle. If upper middle class doctors and lawyers had seen a drop in investment return you know Uber's "stealing" from the medallion holders would have been stopped.

"In Seattle the number of arrests for DUI to decrease by more than 10 percent." They better be careful here. If they start cutting significantly into state regulators revenue stream they will be stopped.

Uber's best bet is a "negotiated settlement" with local and state authorities to kick-back some of the cash they are diverting.