The sculptor Arturo Di Modica spent two years and $325,000 of his own money creating it.
Installed, Dec 15, 1989
In the wake of the stock market crash of 1987, Arturo Di Modica installed his 7 ton sculpture of a bull in the middle of the night in front of the New York Stock Exchange under the Christmas tree as a 'Christmas Gift to the People of NY'. Several hours later it was discovered and was promptly impounded into storage in Queens.
Removed, Dec 15, 1989
Temporarily Installed, Dec 20, 1989
Two days later the artist convinced the Parks Department to have it reinstalled at the bottom of Broadway in Bowling Green. It was released after public outcry and the intervention of Henry Stern, then Parks Commissioner, and was temporarily relocated to its current location two blocks away from the Stock Exchange. Sometimes referred to as the Wall Street Bull, this sculpture represents aggression, financial optimism, and prosperity.