
With thousands of struggling New York City yellow cab drivers like Mouhamadou Aliyu desperate for a bailout, elected officials on Thursday quarreled over who should pay for it.
Aliyu, 47, emigrated from the Ivory Coast to New York in 1994 in hope of a better life. Now, thanks to plummeting yellow cab medallion values and predatory lending practices, he’s $700,000 in debt and often considers killing himself.
“I’m under water. I can barely survive,” said Aliyu, who bought a taxi medallion for $370,000 in 2004. “We are asking for relief because we really have nothing to do with all this suffering, but we’re the ones who are paying the price.”


