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Published: Thu, April 13, 2017
Economy | By Melissa Porter

Sculptor of Wall Street's bull wants 'Fearless Girl' moved

Sculptor of Wall Street's bull wants 'Fearless Girl' moved

New York City initially granted permission for Fearless Girl to remain in place until April 2 but recently extended the lease until February 2018.

Contrasted with the soft, altruistic characteristics of the bronze girl, though, "Charging Bull" now appears menacing and aggressive.

When Italian sculptor Arturo Di Modica installed his "Charging Bull" sculpture smack dab in the nexus of Wall Street under cover of nightfall, it was meant to stand as a symbol of American financial resilience in the wake of the stock market crash of 1987.

Siegel also said that State Street Global Advisors, the company that installed "Fearless Girl", made money off the bull by running ads that included both sculptures, though the company has since omitted the bull.

While critics were busy debating the merits of "Fearless Girl" ― that diminutive-but-defiant statue strategically placed in front of Wall Street's resident "Charging Bull" ― the artist behind the old bovine was apparently asking, "What about me?"

While the statue has garnered favorable global attention for its message of female empowerment, 76-year-old sculptor Di Modica is reportedly not a fan.

This story has been corrected to show Di Modica will explain his challenge on Wednesday, not Thursday. She was met with instant and almost unanimous acclaim, before some critics questioned why a company with just 5 women on their 28-person board was calling for greater gender equality from other Wall Street companies while also advertising one of its funds.

City officials approved a one-year residency as some advocated for the Fearless Girl to become a permanent installation.

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The firm that commissioned the statue made no immediate comment but has a powerful ally in the form of the NY mayor.

Di Modica's lawyer disputes the fact that the sculpture was put in place to champion the need for more women on corporate boards. Girls run the world, the future is female, my brain is broken, etc.

"None of us here today are in any way not proponents of gender equality but there are issues of copyright and trademark that needed to be and still need to be addressed", he said.

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