The current message is not strong enough?

Ranking member of the Senate Committe on Banking, Housing, and Urban Affairs Richard Shelby (R-AL), on Sunday:

“I don’t want to nationalize them, I think we need to close them. Close them down, get them out of business. If they’re dead, they ought to be buried. We bury the small banks; we’ve got to bury some big ones and send a strong message to the market. And I believe that people will start investing [again] in banks.”

What the banks need right now is for the government to send a “strong message.” Otherwise, they’ll never even notice what is happening with the economy. 

h/t TPM

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