New York sues loan shark group accused of charging Manhattan’s City Bakery and other small businesses ‘illegal’ rates of up to 820%

New York Attorney General Letitia James is seeking $1.4 billion in damages from Yellowstone Capital, a.k.a. Delta Bridge, and its subsidiaries over “illegal, ultra-high-interest loans.” Jeenah Moon—Bloomberg via Getty Images In a lawsuit filed today, New York Attorney General Letitia James is alleging that Yellowstone Capital and over 40 of its subsidiaries provided merchant cash…