The NYT did an interesting analysis of the declining fortunes of government cronies (holders of NYC taxi medallions).
But the methods stripped immigrant families of their life savings, crushed drivers under debt they could not repay and engulfed an industry that has long defined New York. More than 950 medallion owners have filed for bankruptcy, according to a Times analysis of court records. Thousands more are barely hanging on.
It turns out that as soon as the assets had been sold to recent immigrants, politicians decided that the profits of the cronies did not need to be carefully protected (in this case against Uber and Lyft, though even without them it would have been tough to keep the medallion price bubble inflating).
Of course Donald Trump is at least partly to blame, according to the NYT! No article on malfeasance would be complete without his name appearing.