Wall Street

Creators of “Fearless Girl” Scam Statue Rocked by $5M Fine For…

Hypocrisy has long run rampant on the left side of the aisle, and a great many liberal publicity stunts have blown up in the faces of their creators.

Such is precisely the scenario encountered by the massive banking conglomerate responsible for Wall Street’s unwarranted and widely lambasted “Fearless Girl” statue.  The visage of the young women was installed in March of this year, staring down the iconic and triumphant “Charging Bull” statue that has become a staple of the American financial image over the course of its tenure on Wall Street.

While feminists and leftists flocked to the young woman in bronze with their cameraphones, the “Fearless Girl” became the trendy, must-have selfie of New York City tourists, even though the creator of the “Charging Bull” that the statue supposedly opposes has explained, on numerous occasions, that this new addition to Wall Street has likely confused a great many Americans over the impetus of his incredibly poignant and important piece.

Furthermore, the “Fearless Girl” statue was not created by some grassroots organization, or even by a sovereign artist such as it was with the “Charging Bull”.  The young woman was commissioned by an enormous banking industry as nothing more than a promotional stunt.

Now, that bank is eating three courses of crow after they were ordered to pay $5 million in damages after being found guilty of sexist wage practices.

“An asset management division of your bank promotes gender diversity on corporate boards. It runs a high-profile campaign by dropping a statue into Wall Street to challenge the iconic ‘Charging Bull.’ And then the U.S. Office of Federal Contract Compliance Programs (OFCCP) fines the bank $5 million for paying white men more than women and minorities in similar positions.

“The question: Is this called irony or an unfortunately ugly coincidence?

“Bloomberg yesterday broke the story that $2.6 trillion asset manager State Street Corp. agreed to a settlement over government charges. The OFCCP claimed that ‘since at least December 1, 2010, and continuing thereafter, State Street discriminated against Females employee’s senior vice presidents, managing directors, and vice presidents ‘by paying them less, in base salary, bonus pay and total compensation, than similarly-situated Males employed in the same positions.'”

The timing of the statue’s installation could be easily construed as a preemptive cop-out for the coming lawsuit and fine that the sexist bank knew was on the horizon.

There has been no indication as to whether or not the “Fearless Girl” will remain on Wall Street for the foreseeable future, given the abhorrent nature of these latest revelations.

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