The Bull in an open business arena
By Kinjal Trivedi
The statue of a bull in front of the New York Stock exchange has become very much a part of the building but it actually was not in the blueprint.
The Bull was originally installed in New York in 1989 without permission. It was designed to represent the “strength and power of the American people” after the 1987 market crash.
Police seized the 7,100 pound (3,200 kg) bronze statue from its position outside the New York Stock Exchange. But following a public outcry, city officials allowed it to be reinstalled days later in the heart of Manhattan’s financial district.
It has gone on to become one of the most recognisable images of New York, and a major tourist attraction.
Di Modica began developing the piece in 1987, after the Black Monday stock selloff, intending it as a “get-well present, one that, he said, symbolized ‘the future’.
The artist spent more than $300,000 on it, and when it was completed in 1989, he placed it near the stock exchange late at night with the help of 40 friends.
Arturo was not too happy with the fearless girl statue planted right in front of The Charging Bull said it defeats the purpose of the original meaning of his sculpture.
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