'Charging Bull' sculptor says 'Fearless Girl' installed without his permission

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Arturo Di Modica, the artist who created the "Charging Bull" statue, has a problem with the "Fearless Girl" statue that was recently placed near his artwork in New York City's financial district.

An article written by SSGA said there has been an "overwhelming reaction" to the statue and that the company's goal was to "raise awareness and drive a conversation around the need to improve gender diversity in corporate leadership roles".

McCann spokesman Jeremy Miller says the "Fearless Girl" statue stands "in support of women and girls everywhere". "The message is for freedom in the world, peace, strength, power and love".

On Wednesday, De Blasio responded to Di Modica on Twitter, writing that "Men who don't like women taking up space are exactly why we need the Fearless Girl".

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Important to Di Modica's argument is the background behind "Fearless Girl". But New York City mayor Bill de Blasio insists "Fearless Girl is staying put".

"The fearless girl is fearless because she's confronting the bull", said Norman Siegel, one of the artist's attorneys.

Artist Arturo Di Modica said Wednesday, April 12, that the new neighboring statue changes his bull into something negative.

"The girl is standing there like this in front the bull, saying, 'Now, what are you going to do?'" the artist said at a press conference, holding his hands on his hips like "Fearless Girl".

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He maintains that Fearless Girl - sculpted by Kristen Visbal and commissioned by the firm State Street Global Advisors, which intends to call attention to a lack of women leaders on Wall Street - at once distorts the intent of his statue from "a symbol of prosperity and for strength" into a villain, and does so for the firm's own commercial gain.

"[De Blasio] is not addressing the issues here, of whether or not there is copyright or trademark infringement, and what due diligence did the city of NY do to granting the permit", Siegel said.

After police seized the sculpture, public outcry led the city's parks department to reinstall it days later nearby at its current location.

Critics noted that only five members of State Street's 28-person leadership team are women.

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The Italian-born sculptor installed his bronze in December 1989, as a celebration of the can-do spirit in America to counter the 1987 Wall Street market crash. With hopes of dispensing the "perfect antidote" to the stock market crash of 1987, he spent two years welding the 7,000-pound bronze bull statue created to capture the resilience of the American people. His lawyers say they're down to sort this one out with New York City and the firm which installed Fearless Girl outside of court, but they're not dismissing the possibility of further legal action.

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