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

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The sculptor will be challenging the city officials who issued a permit for the bronze girl to stay until February of 2018, demanding that the city provide documentation behind the decision.

Now, 30 years later, there's a new girl in town. and Di Modica isn't happy about it.

The sculptor of Wall Street's famous "Charging Bull" is pushing back against the overnight sensation of the bull's newest companion: a statue that's become known as "Fearless Girl", which depicts a small girl squaring off against the bovine companion.

His lawyers say "Fearless Girl" exploits the bull for commercial purposes. A lawsuit has not been filed, but Di Modica's course of action will be known later Wednesday.

"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".

"Wall Street is a traditionally male environment and [the statue] says, 'Hey, we're here, '" Visbal told The Wall Street Journal. "We wanted this wonderful contrast".

Visbal's work was also installed in the middle of the night, though this time, with a permit. "Women, girls, that's great, but that's not what that is". The plaque underneath the sculpture reads: "Know the power of women in leadership".

Fearless Girl was conceived by State Street Global Advisors - an investment firm with $3.3 trillion in assets - and advertising agency McCann to push companies to increase the number of female directors. While the statue has garnered favorable worldwide attention for its message of female empowerment, 76-year-old sculptor Di Modica is reportedly not a fan.

He said in an interview from his art studio that his protest was not meant to snub the importance of gender equality, but to defend the integrity of his bull.

"I put it there for art", he told MarketWatch.

This week, in a bid to once again make his bull the master of its domain, Di Modica has turned to another symbol for America: threats of litigation.

"The issue remains: How they have placed (the girl) in relation to the bull changed the bull and its message".

People stop to photograph the "Fearless Girl" statue in NY, made by Lewes artist, Kristen Visbal.