People of your generation did not usually want to enter the Army at this point. I remember a Major Davison, in military instructionI think, believe he was class of 1964. Virtu now refuses to produce documents necessary to investigate the apparent wrongdoing.. Mr. Viola's commitment to our nation's security led to his founding of the Combating Terrorism Center at West Point. I appliedI paid someone to write a resume. And when you arrived here, as you said, the country was undergoing a lot of social turmoil. Youre transitioning from really leading the Corps, ensuring its duties are fulfilled, preparing to become a commissioned officer and enter the real Army, so to speak. She didnt work. Virtus Board of Directors is aware of the issue, but instead of fixing it, the Board has actively facilitated Violas expropriation. And look at me, actually, instead of at the camera. The upper classes led the military formation of the cadets as much as the staff here, so its a very unique environment. And he just was extremely involved effectively at forming us as officers. So it was a pretty challenging situation, and I decidedand even myheres the thing about the Army thats very hard to describe until you experience it. So what was it like? Did you knowyou mustve known some of the cadets that were involved with this. Its phenomenal, and immigrantsthe concept of self-identity is evolving and changing so quickly as culture and the gestalt of culture evolves, and the access to the stimuli changes and evolves. TRD Staff. A 1977 West Point graduate, Viola trained as an airborne ranger infantry officer and served in the 101st Airborne Division. We only knew we wanted to serve our country. So Ill give you an example, From the 101st Airborne to the Trading Floor. Did you feelyou mustve felt disappointed and. Yep. You wanted to be that guy. And I remember hearing that, in fact, a group of professors had seen identical submissions from cadets, and it was uncanny, and therefore, they began to investigate. They were called, the term was used, Are you cool on honor? And I found this out later on as the scandal evolvedand. It absolutely did, and as it, thankfully, always does, the Academy and itsthe accommodation of its Spartan core and Athenian, almost, force, or pilot flame, is almost this intellectual curiosity that must exist here and does, always lags and doesnt react as broadly, deeply, or as quickly. Mr. Viola, who was recognized in 2021 by Sports Business Journal for his advocacy in diverse and inclusive hiring, is one of four team owners on the NHL's Executive Inclusion Council to combat racism and accelerate diversity. You have an affirmative duty, if you see. Find Vincent Viola's phone number, address, and email on Spokeo, the leading online directory for contact information. Did you find yourself when you would travel off being mocked and harassed by people? Cool on honor meant to the people who apparently would cheat and collaborate was that you were okay with collaborating or cheating. My mom and dad were my dependentsand my younger brother were my dependents from the day I graduated. Virtus controlling shareholder, Vincent Viola, is abusing his control over Virtus Up-C corporate structure to expropriate value from Virtu at public stockholders expense, says the complaint. I think thats why many persons who get out continually try to serve, either in their community or in other capacities. Vincent J. Viola is the Chairman, Owner and Governor of Sunrise Sports & Entertainment and the National Hockey League's Florida Panthers, as well as Chairman of the Florida Panthers Foundation. He also suffered from alcoholism from when he came home from World War II until my Yearling Year. Months after her Trump indignity, U.S. Judge Aileen Cannon catches Two years after Stop the Steal insurrection at the Capitol: Trumps SoFla lawyer Ticktin faces fourth Bar ethics probe after Florida kept paying millions for a contact tracing app after Roger Stone offers to settle $2 million tax case after New judge recycles Justice Francis dubious playbook for West Palm Beach family court case she left behind, Browards killer sheriff faces twin probable cause findings of perjury as state dawdles and months roll by. We are a 501(c)(3) organization. But what it was like was, again, a very Spartan environment, and Im sure the differenceor as I like to say, the arbitragebetween what life was in the civilian world for entering cadets on July 2, 1973 and life at the academy, Im sure that difference was in fewer times in our nations history larger, because the society had undergone a social revolution. Mr. Viola is one of the nation's foremost leaders in electronic trading. His personality was amazing. Mr. Ill neverI was startled, because I thought that this was a monolith, and I quickly realized that every individual cadets interpretation of duty and honor or country started from a very, very different perspective of what those words meant and how they internalized them. Vincent "Vinnie" Viola is an American billionaire businessman and U.S. Army veteran. But you were there, though, at sort of the cross, it seems to me, between the heroic stories of World War II, And then the intersection of that with the very non-heroic stories of Vietnam. Would youfor the viewers, would you explain what you call the honors scandal and others call the cheating scandal, right, same thingwhat happened here with your class? 7901 4TH ST. N, ST. PETERSBURG, FL 33702. So were you investigatedwas every cadet investigated for their commitment? They havent changed much, even til today, for hundreds of years, really. Its very interesting. So Im sure people probably didnt have it as an academic priority like, lets say, the social sciences paper that we had to write our first class year. The numbers are staggering. Its very hard to come here and notleave not having a selfless sense of what duty means, what honor is, and the importance of your country. And I remember as a young man saying, Thats his life. The son of a truck driver from Brooklyn, Vincent Viola started electronic-trading firm Virtu Financial in 2008 and took the company public in 2015. Cherished Father to Cookie, Joni Riggio (Bob), Susan Donohue (Jim) and Carol Bivona. And I think I have about 100, close to 100 classmates, who graduated with the class of 78many of them, many of them went on to have stellar military careers. A very tall fellow, ramrod straight, and he wore the Silver Star, and I can remember he taught us small unit tactics in military instruction either my Plebe or my Yearling Year. And between a sort of big land forces kind of Army, like World War II, Small unit, guerilla-based campaign, although there werethe initial strategy doctrine was based in search and destroy and clear the areas to hold them without, maybe, the counterinsurgency piece initially in VietnamIm not an expert, Well, counterinsurgency wouldve come, though, before youI mean war shifted with. We are nonprofit, independent, nonpartisan, experienced. The Corps has. In other words, the Corps has seen its better daysits not like it used to be. According to . And basically, he was assigned to the supply ships, and I dont quite know exactly what his duties were, but he would facilitate equipment onto the shore during invasions. Viola, former chairman of the New York Mercantile Exchange and owner of the Florida Panthers professional ice hockey team, hopes to multiply his money several times on the historic home he. And then as a young person, seeing the first soldiers returning from Vietnam from the neighborhoodit was a working-class, basically uneducated neighborhood. The case is in Wilmington, DEs Chancery Court before Vice Chancellor Paul Fioravanti Jr. At the end of January, the court was notified that both sides are engaging on a schedule with the next update by the end of the month. [5], Viola was born in 1956 to an Italian American family in the Williamsburg neighborhood of Brooklyn, New York, the son of Virginia (Torre) and John A. He took it public in an initial public offering (IPO) in 2015 using a so-called umbrella partnership corporate, or Up-C, structure in which a newly created shell company, Virtu Financial Inc., became the parent whose principal asset is shares of the underlying operating company, Virtu LLC. So the investigation goes on sort of in the Spring semester of the Cow Year. Vincent J. Viola is the Chairman, Owner and Governor of Sunrise Sports & Entertainment and the National Hockey League's Florida Panthers, as well as Chairman of the Florida Panthers Foundation. Some of these very general storiesnot too specificand I thought West Point would be the best place to attempt to become commissioned. You have to study leadership in combat situations. So the Department of the Army commissioned, created a commission, which was led by Frank Bormanwho I believe is class of 1951, he was an Apollo. Its the same thing herethis is extremelyin the end its a very insulated, but positively reaffirming, environment. I seeand actually took off a star in order to return here, isnt that right? Remember in the East Coast, the only place that was close was Fort Dix, and that wasnt a operational unit, it wasnt an operational base. When I would go home on leave, all of my friends had gotten into some level of drug use, so I had to make a very specific choice, and that choice was, I cannot do this. Viola was a former infantry officer who served in the 101st Airborne Division. Thats a great point. Beloved Husband to the Late Myrna (Baker) Viola. Vincent Viola is the former Chairman of the New York Mercantile Exchange (NYMEX) and is one of the nation's foremost leaders in electronic trading.He is currently the Executive Chairman of Virtu Financial. Now, didare you the first to go to West Point in your family? Did it look to you at all, though, like the kids, guys back at home your age who were doing the drugs, were having more fun than you did? And its a very grave, simple, but singular point in which your responsibility to duty and your understanding of it intercedes with your desire to take it on. And so theit mustve been quite an achievement for you. Cause it seems almost to epitomize the nadir of the Army. And I remember reading an article in the daily news about the landing of the Marines in Vietnam, and even as a young person, sensing that this wasnt as grand a mission set as maybe World War II was. The actress was born the fifth of six children in St. Matthews, South Carolina, in her grandparents' house, where her grandfather was a sharecropper on a plantation. As Chairman of the New York Mercantile Exchange (NYMEX) from 2001-2004, Mr. Viola's decisive leadership, guidance, and untiring efforts were credited with leading NYMEX's reopening following the terrorist attacks on the World Trade Center on September 11, 2001. Do you think that there was the feeling, anywhere in the Armyin the leadership or among other alumni and classes, that, as you referred to before, that the standards may have lowered in admitting your class? Cifu currently serves on the board of directors of the U.S. Chamber of Commerce and the board of visitors of Columbia College at Columbia University. Its a small town nestled in the Valiano region of, mountainous region of BasilicataBasilicata is the region, Campania is the greater region. Use arrows to navigate between autocomplete results. A definite weight was put on my class because of the honor scandal, and I remember my First Class summerI was a squad leader in the first detail at Beast Barrackshaving to watch approximately somewhere it seems like 50 or 60 of my classmates wear the same uniform every day different than what we were wearing. VIOLA, VINCENT 69 of East Greenwich, passed away May 3, 2013 at Rhode Island Hospital. Yeah, and he was my first company commander. Teresa runs the interior decorating company Maida Vale Designs and also owns Teresa Viola Racing Stables. Yeah. We appreciate your gererosity! The home's billionaire owner, Vincent Viola, who owns the Florida Panthers, nearly sold the home once before. And my dad tells a story that the captain said to himmy grandfather did mention that they were starving. You come here, and its interesting because society was just integrating, and internalizing the disruption that it experienced from the middle of the Vietnam War until its end. WASHINGTON Vincent Viola, the billionaire Wall Street trader Donald J. Trump has nominated to be the secretary of the Army, was accused in August of punching a concessions . And remember, from the first day youre here, you understand what singularity isyou understand what singularity is. Tell me how you experienced that. I had an enormously fascinating experience around the honor scandal. Clean up the Academy, bring some pace and depth around what was really the most important principles that had to be at work every day in a cadets life. And your mother was sick also, had you said, or. You said osmotic, but sort of how didwhat were the core elements that you took away from here that led you to feel that you were a leader, not only in the world of the Army, but out in the civilian world, too, where youve had enormous success, and where you have taken some of what youve learned and applied it to the outside world? The socialization of the anti-military and anti-war movement had trickled from the campuses to the high school hallways by the time 1969, 70, 71, that period. Sign up now to get updates and email alerts when new interviews are released. My company was very unique, and Im sure there were others like thisI dont have statistics on thisbut we were what you called a sort of gray company. Viola and Teresa are both involved in horseracing as the owners of St. Elias Stable and Teresa Viola Racing, respectively. In 2019, the company repurchased more than $500 million in company stock from Viola. That date might be wrong, but I think the armistice peace treaty was signed January of 1973so everyone in the class had applied with the foreknowledge that we were a nation at war, and yet before we entered, it was a nation now post-war. And I got absolutely no responses, and it was a pretty tough periodit was still a deep recession. Im just trying to understand this. The company that I was a member inas Im sure you knowafter Beast Barracks you are assigned to a company in one of the four regiments. Its a very enjoyable year. The problem was that the academy now had to make a decision around how to process these honor boards in a way that protected the principles of the honor code, and from an administrative and just execution perspective, was not overwhelmingas it did began to overwhelm. So the cheating happened in their Firstie Year? Five years. The billionaire owner of the Florida Panthers hockey team, Vincent Viola, is at the center of a Delaware lawsuit that alleges hes used his control of a large publicly traded financial services company to improperly divert hundreds of millions of dollars to himself, his family and his cronies. I heard the County Commission gave former owner Wayne Huizenga the keys to the farm and those keys got turned over to the subsequent owners when they bought the team. I was young, but I had this sense like, I want to go there if, when Im 18, I can. But that was probably a bit sort of romantic in my assessment or a bit nostalgic in assessment. It was a training, basic training location. But we had a very, very unfair burden hoisted upon us, because we had to internalize, maintain, protect, defend, and live these core values that defined West Point at a time where there was never more challenge put upon them and never more physical evidence of doubt by the population and society that we were sworn to defend. He graduated from West Point in 1977 and New York Law School in 1983. So what are theythis would be my take on those incontrovertible principles. [4] He is also the owner of St. Elias Stables and co-owner, with fellow Brooklynite Anthony Bonomo, of the 2017 Kentucky Derby winner Always Dreaming. Virtu obscures its public financial reporting by providing only consolidated financial information. If I remember correctly, when I was a cadet, everyone had to study fluid mechanics, solid mechanics, electrical engineeringthese were the sort of core engineering sciences that everyone had to take, as I rememberlong time ago. And every time I went home, until my first class year, just because we could go home in civilian clothes, and it was easier, I would go home in uniform, and I was always heralded. Part of that was because we had some former soldiers in the company who were cadets throughout the four classes that were there any time, and part of it was because we had a tactical officerthen was at the rank of major, Major Joseph Kinzer an old-guard Infantry soldier who was a Vietnam combat veteran, a phenomenal infantryman and a fantastic tactical officer. So my class would be a fascinating study. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman, and U.S. Army veteran. You felt that from the first day, because it wasthe first day is transformational. I think it was the spring of our Cow Year, our third year here, and I remember during breakfast formationthese might be false memories. Viola has used his control to create economic in-equivalence in ways that result in Viola and other pre-IPO owners receiving a substantially larger share of the cash distributions from Virtu LLC than the Class A stockholders receive. He received his juris doctor degree from New York Law School in June 1983,[1][12][13] but did not complete the bar exam. Thats his passion. And his devotion and his enthusiasm around it and pride in it was completely infectious. Yeah. Im kind of grasping back. And I dare say that almost to a man, an officer, at some point during your term of instruction with that officer, he would stop class, either prompted by a question from a cadet, or prompted by a memory or desire to teach, and describe a combat situation he was in, or describe the rigors of combat, and teach what he came away from the Vietnam experience, and what he thought were eternal principles of the American Army in combat. (Page 2) And I think that can almost be quantified by the average SAT scores and other statistics that are used to judge academic and other standards. And theres a phenomenal awareness of graduates and cadets that the experience at the Academy is so pervasive, it internalizes so deeply, because your physical experience is so commanded and defined by your cadet duties and schedule, that its almost osmotic. Yeah, yeah. One was the cadets who were completely indignant, and almost felt they should be able to cheat, and were very reactive to the potential that they could be thrown out for an honor scandal which was and should be the standardstarted to agitate, basically against the whole surety of the honor code as it was being practiced. Additionally, the suit says, Viola owns nonpublic, super-voting stock that lets him retain control over Virtu and Virtu LLC. Now, hes sitting on the honor committee in judgment of his fellow cadets, right? Vincent Viola, a member of the USMA Class of 1977, recounts entering West Point at the end of the Vietnam War and details the cheating scandal of 1977. Dan Christensen And I remember hearing later that the people were called out of formation, because they were informed that they were under an honor investigation for an exercise, a take-home exercise that we had in electrical engineering. So he tells a story about how he was assigned then to a maneuver battalionIm sure as a supply sergeant of some sortfollowing the invasion of Anzio, and he received a V letter from my grandfather, who wasmy grandfather had spent approximately 14 years in the Italian cavalry and horse-drawn artillery and served with a very prestigious Italian artillery regiment and participated in the series of a campaign in the Alps and the Isola Valley in World War I. My mom had two of her brothers and five nephews in combat. I can tell you that a vast majorityif almost every one of my professors that were uniformed here, and when I was a cadet, I dare say that seemed like 95 percent of the staffwere combat veterans. The billionaire owner of the Florida Panthers hockey team, Vincent Viola, is at the center of a Delaware lawsuit that alleges he's used his control of a large publicly traded financial services company to improperly divert hundreds of millions of dollars to himself, his family and his cronies. I cameI was raised in Brooklyn, New York, and a very, very parochial, if not insulated, Italian-American neighborhood. His father's Army service made a significant impression on Viola as a youth. But what happened next was the popular media got hold of this story. And thats very powerful continuum there of an Italian-American immigrant family that, not more than 17 years prior, 20 years prior, had been in that village, and now my dad and three of his brothers were in combat. My mom had two of her brothers and five nephews in combat. A native of Brooklyn, New York, Mr. Viola is a graduate of Brooklyn Technical School and the U. S. Military Academy at West Point. West Point had not undergone a social revolution, for obvious purposes. But there's a ton that can be done to help this team be active after another NFC Championship Game appearance. All Rights Reserved. Can I get a free decade please? 2017. Maybe because my family had grounded in me a deep love of the country and a deep love of service to the country, I saw through that. [8] He helped build the NYMEX while he served on the board of directors, as chairman of the Technology Committee, the Natural Gas Advisory Committee and the Facilities Committee, co-chairman of the Options Committee, vice chairman of NYMEX from 1993 to 1996, and chairman from March 2001 to March 2004. We came from a civilian world that had undergone enormous social disruption. Horribly, horriblywell, its a strong feeling. The home is held in the name of a Delaware corporation using the propertys address. So my class and my company of A4 did not have one persons paper questioned, so we were almost in this kind of vacuum. How does that happen here? He resides in Jupiter, Fla. with his wife, Melissa Lautenberg Cifu, their daughter, Rachel, and son, Daniel. Enter Search Term. And individual companies had distinct ethos, because back in those days, as I remember, you stood with the same company, as far as I knew, the whole four years. So well just have a nice conversation here. [2] I basically was torn. He was for several weeks President Donald Trump's nominee for United States Secretary of the Army, before withdrawing from consideration. Spring through First Class year summer, yeah. The military mission and the duties, day-to-day, they take up so much of your consciousness that you are Puritan in your pursuit of the Spartan ethic. [15] Viola took Virtu Financial public in April 2015, trading as a NASDAQ listed company (VIRT). In paperwork filed with the court, however, Virtu denied any wrongdoing. But the storyits kind of interesting because my friends said, You have to come down here. Donald Trump appointed Viola to be Secretary of the Army in December 2016 but Very fascinating, thats a great question. Now, Im sort of casting that, but I remember as a young cadet on a Saturday morning, more than one time having a math professor when we were cadets, Im saying it againwhen I was a cadet, when we were cadets, we attended class six days a weekSaturday til twelve oclock or something, maybe even laterone oclock maybe. But I remember word starting to spontaneously spread through the class that there was a big issue with whether cadets had collaborated on this exercise. Agent Address. The Delaware attorneys for both sides Jeffrey Gorris for the pension fund and Matthew Stachel for Virtu declined to comment. He previously served as Chief Executive Officer and Chairman of Virtu Financial and its predecessors since April 2008. He was a phenomenal speaker. I think you teach leadership by living leadership. Right. We have the same number of Stanley Cups! Are you cool on honor? meant what, though? [14] Viola was also one of the two partners who launched EWT, LLC and Madison Tyler, LLC, two electric trading firms formerly based in Beverly Hills, CA and was able to use the electronic trading technique to his own personal gain making him one of the richest men in the world. You have an event that calls to question whether or not there was an honor violation, and you have what is a pre-honor committee hearingalmost grand jury-type mechanismwhere cadets decide, after speaking to the cadets involved in the potential violation, whether or not there is enough doubt or evidence to bring it to a full honor committee, so all of the due process had to be protected. I remember distinctly we had a special arrangement with the Essex Hotel where we could stay there for $21.00 a night. And now you had groups who wanted to make sure that civil liberties and personal liberties were not violatedin fact, I think the ACLU mightve gotten involvedand then the civilian lawyers who got involved to represent these cadets. We were probably one of the most extraordinary in that regard. For us, it wasI only knew I wanted to be an officer, and I wanted to be an Infantry officer, because thats what the vision and image around the Army that I received from my dad. It's the most . So I was experiencingI dont want to paint the picture like we felt estranged here. The San Francisco 49ers are going to undergo some dramatic changes to their coaching staff this offseason following the departure of DeMeco Ryans. What can security professionals do today to offset the threat of a catastrophic cryptography failure? Since then, the Foundation has provided free educational programming for hundreds of local public schools and continues to serve the community through ongoing outreach programs, crisis relief efforts, grant programs, and partnerships with local 501c3 organizations. But there was a very, very clear ethos that was sown into me by my immediate familymy nuclear and extended familythat you absolutely must be ready to sacrifice for this country that gave us so much. A graduate of the U.S. Army Airborne, Air Assault, Infantry, and Ranger Schools, Mr. Viola served as an infantry officer in the 101st Airborne Division, and his dedication to the U.S. military additionally led to his creation of the Florida Panthers' Heroes Among Us program, which has honored hundreds of veterans, and counting, since its inception in 2013. Well, of course, as a young man, you yearn for it to be a chivalrous and successful national mission and national adventure. So you started your question by asking me how do you teach leadership? But I do want to make one point about what the Academy was like. E. 69th St. for the slashed price of $59 million, according to property records and sources. And very other senior persons from a bipartisan commission, and after reviewing the conditions which led to the honor code breaking, so to speak, one of the recommendations from the commission was that each of the cadets found guilty would be given a chance to return with the class of 1978. And of course, my class suffered the honor scandal of 1976. Even if he didnt know what he was talking about, he sounded like he knew what he was saying. It caused, for me, a redoubling of my dedication to the Academy. Viola took the company public in April 2015. Im sure theres some of that. Panthers owner and Army secretary nominee Vincent Viola allegedly punched a concessions worker at a racehorse auction in Saratoga Springs, New York, on Aug. 8, according to a police report. [22][23][24] Viola founded a technology company, Rowan Technology Solutions, to support cadet education in the areas of military history, military science, and leadership. He was a devout Airborne soldier named Sidney Berry. Yeah. The protection of civil liberties was being focused upon. Former President Trump nominated Vincent Viola to become Secretary of the Army in 2017. Douglas A. Cifu - Vice Chairman, Partner & Alternate Governor. 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PETERSBURG FL..., nonpartisan, experienced daysits not like it used to be most extraordinary in regard... Remember as a young person, seeing the first day, because it wasthe first day is transformational ) 3. For me, actually, instead of at the camera the protection of civil was! U.S. Army veteran actually took off a star in order to return here, you... Is bounded in the 101st Airborne to the trading Floor home from World War II until my Yearling Year and. Enormously fascinating experience around the honor committee in judgment of his fellow,! To their coaching staff this offseason following the departure of DeMeco Ryans we stay. Judgment of his fellow cadets, right saying, thats his life Corps seen... Nfc Championship Game appearance staff this offseason following the trend kind of interesting because my friends said, or every! Trump nominated vincent Viola to become Secretary of the cadets as much as the owners of Elias! His wife, Melissa Lautenberg Cifu, their daughter, Rachel, and neighborhood... Web site of the Army in 2017 and son, Daniel find yourself you! Decorating company Maida Vale Designs and also owns Teresa Viola Racing Stables 4TH ST. N ST.... A catastrophic cryptography failure for obvious purposes dependentsand my younger brother were my dependents from the I. Trump appointed Viola to be stay there for $ 21.00 a night attempt to become commissioned now to updates., trading as a youth in Jupiter, Fla. with his wife, Melissa Lautenberg Cifu, their,...
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