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13 April 2017, 01:40 | Dan Bryan
The Charging Bull and Fearless Girl statues on Broadway in New York
The statue's permit was extended to February 2018.
State Street Global Advisors, the asset management business of global financial services company State Street Corporation, commissioned the statue in an attempt to highlight the lack of female directors on corporate boards.
Arturo Di Modica said his 11-foot-tall bull is supposed to represent "freedom in the world, peace, strength, power and love" but "Fearless Girl" has turned his work's message into something negative.
While Di Modica is taking issue with the permitting process of "Fearless Girl", it should be noted that he too installed "Charging Bull" on Wall Street in the middle of the night without a permit.
"It's really bad", a frail Arturo Di Modica, 76, told reporters, his voice thick with emotion and barely audible.
The goal of the statue "was to create a powerful symbol to stand as a reminder" that putting more women in corporate leadership roles was a boon on many levels, the statement concluded. One "Fearless Girl" at a time. Twenty-five percent of the largest 3,000 US companies have no female directors, State Street noted at the time.
Last month financial group State Street Global Advisors erected a statue of a young woman staring down the iconic NY bull sculpture, her arms akimbo.
Even the method of the statue's installation - dropped unheralded in its spot overnight - paid homage to the bull it confronts.
"The bull is handsome, it's a stunning piece of art", Visbal told the New York Post. He said his protest is not meant to snub the efforts for gender equality but to protect the original artistic intent of the "Charging Bull", which has been warped into something negative by "Fearless Girl". The Italian immigrant intended the work to bolster American traders' spirits after the stock crash of a few years before - though the NYSE, it must be said, was not pleased with its holiday gift, hefting away the bull by the end of the day.
A lawsuit has not yet been filed, added Siegel, who has yet to provide further details.
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