New York celebrates the power and the optimism of Wall Street with a statue of a charging bull in the Financial District of Manhattan. At the very centre of Piazza Affari, the square in Milan where the Italian stock exchange has its headquarters, is a marble statue depicting a hand with only its middle finger standing up. The statue bears the title of L. The statue was supposed to stay in Piazza Affari for just a couple of weeks, but the city government decided to keep it there indefinitely. Cattelan never commented on the meaning of the statue, but most people assume it refers to the economic crisis that affected Europe — and Italy in particular — from onwards. It also suits the fact that the Italian stock exchange is based in Palazzo Mezzanotte, a fascist-era building.
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