Art, damn it, art! watch. (#24 in a series)

Alex Schaefer is a painter.

Alex Schaefer likes to paint banks.

Alex Schaefer likes to paint banks on fire.

Alex Schaefer was questioned by the LAPD because, supposedly, someone “felt threatened” by Mr. Schaefer standing in front of a Chase bank branch and painting it on fire.

Schaefer said he explained that the artwork was intended to be a visual metaphor for the havoc that banking practices have caused to the economy.

Alex Schaefer just sold that painting to a guy in Germany for $25,000. Mr. Schaefer sold another painting of a burning Bank of America branch on eBay for $3,600.

The LAT does not mention where Mr. Schaefer has his accounts.

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