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Marker

Peloton Has An Expense Problem

A look at the company’s P&L raises serious questions about its administrative costs

Michael Loccisano/Getty Images

Jimmy McMillan had a point. Just one. The rent is too damn high.

McMillan founded the Rent Is Too Damn High party and ran for mayor of New York City in 2005 and 2009 and governor of New York state in 2010. While his bids were unsuccessful —…

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