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Fearless Girl Faces Charging Bull in Manhattan’s Financial District

Fearless Girl gets to stay in the path of Charging Bull  at least until February of 2018.

State Street Global Advisors installed the bronze statue on the eve of International Women’s Day in order to highlight the need to increase feminine representation on the boards of Wall Street firms. An inelegantly expressed sentiment on the plaque at the girl’s feet states, “Know the power of women in leadership. SHE makes a difference.”

That should make the feminists happy, right? but not all are. Gina Bellafante, columnist of the New York Times criticized the statue as a cynical PR ploy, an example of “corporate feminism.”  However, after 28,000 people signed an online petition advocating for its permanent placement, Mayor De Blasio, acquiesced to popular opinion and decided to let her stay—for now.

But the fact that the statue represents a prepubescent child suggests correctly that it may take a long time to achieve gender parity on Wall Street boards, so I wouldn’t be surprised if she is around for much longer. No doubt State Street realized that many people would be offended by the representation of an adult female protester, who would certainly appear too aggressively militant. Everyone can sympathize with a brave child. But I can’t help wondering why she is thought to be “fearless.”  Ticked off, resentful and angry, surely, but fearless? Being ignored is different from being threatened.

Fearless_GirlFor awhile, moving Fearless Girl to another location was under consideration.  But of course removed from the path of the charging bull, she would lose her power as a messenger for equal rights. Taken out of context she just looks like a spoiled brat. One has the impression she would stamp her little foot if she could.

Arturo Di Modica, worked on the bull  for two years following the crash of 1987 and with the help of friends secretly installed the 7,100 pound statue in the early morning hours of December  19, 1989. Di Modica himself wants “Fearless Girl” out of there. He was recently quoted by the New York Post as saying that his statue is “a symbol for America. . .of prosperity and for strength.” He resents his statue being viewed as an oppressor. New York City does not own the statue. Actually Di Modica would be within his rights to remove the bull, though he has not threatened to do that.

I am in sympathy with the sculptor. Surely no one would consider the bull a symbol of the male managers of Wall Street who make the decisions about board appointments. Rather, Charging Bull is a positive statement about the energy and bullish optimism the stock market generates. It is a powerful tribute to capitalism.

Standing defiantly in its path, Fearless Girl is a rebuke that makes no sense whatsoever.  MK