And I remember a real almost unquestioning allegiance to the idea that this was Gods will, and fate had interceded in this mans adventure, the way it was meant to be, and he died an honorable death. Tell me how you experienced that. Did you know you shouldnt have collaborated? He took illthis is before his heart attack, though. Cool on honor meant to the people who apparently would cheat and collaborate was that you were okay with collaborating or cheating. Mr. Viola and his wife, Teresa, have three sons - John, Michael, and Travis - and several grandchildren. [14] Prior to and following the Gulf War, Viola earned millions of dollars betting on oil prices. [8], Viola began his business career as a trader in the New York Mercantile Exchange (NYMEX) in 1982, raising $10,000 to purchase a seat on the exchange. That themetheres a saying and a phrase thats used amongst cadets and graduates. Even if he didnt know what he was talking about, he sounded like he knew what he was saying. 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? 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. 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 senior staff, as I rememberI remember seeing the Korean service ribbon on some of the senior staff and permanent professorsdare I say when I started our Superintendent, William Knowlton, General Knowltonhe served in World War II, in fact. After graduating from the Infantry Officer Basic Course and Ranger School, he served with the 101st Airborne Division at Fort Campbell[11] for several years. 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. I cannot be around this. And I came from a very cloistered neighborhoodnonetheless, we were much the same as the rest of America, especially uneducated, lower middle class, and upper lower class areas. Right. The conduct of these honor committee hearings was going on. Mr. Viola was the owner/operator o [8], Viola has launched a number of businesses during his career. So branch night, I stood up and said, Infantry, with great pride. Despite the fact that when we were off-post, or when we would observe the civilian world, it was a very almost non-linear set of conditions. And the academy was a place where those inputs werent really defining the environment. He also suffered from alcoholism from when he came home from World War II until my Yearling Year. It is a class that must be chronicled and studied at a granular level from a sociological and military perspective, because it camewe applied at probably the nadir of commitment to the military in the nation. Never wanted out. My mom had two of her brothers and five nephews in combat. And the cadets that were here had gone through a traumatic experience, because the class of 74 entered in the, I guess, summer of 70. Virtu, traded on NASDAQ, is an electronic trading firm and market maker that uses proprietary technology to handle high frequency stock trades. And my dad said to me, Before I pass, I want to go to the village. And so in April of 1980, we went to this villageI had never been therewhere my dad was born. Be the first to know! Everybody violated the honor code, so they were just following the trend kind of thing. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman, and U.S. Army veteran. 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. Hes down at Fort Monroe now, I thinkis that right? And I think that proves in the military service, I mean I think if theres ever been a period where the Academys value to the nation should be celebrated and demonstrated, its the post-Vietnam era til today. In the book, Lou Guttman, the previous chairman at the New York Mercantile Exchange, said Viola "exuded leadership. In 2008, Viola founded Virtu Financial, active in electronic market making. Right. I think hewell, I dont know what you would call that. And look at me, actually, instead of at the camera. San Francisco 49ers quarterback Brock Purdy is slated to undergo surgery on his throwin elbow Feb. 22 with Dr. Keith Meister performing the procedure. And it was a great point of honor for my grandfatherhe actually left the military as a noncommissioned officer of the Italian Army. Under Mr. Viola's stewardship, the Florida Panthers Foundation has refocused its mission on serving veterans, in addition to investing in children's education, conserving the endangered Florida panther, and growing youth hockey with an emphasis on furthering diversity, inclusion, and access to the game. 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. [21], After the 9/11 attacks, Viola helped found the Combating Terrorism Center at West Point, and was the principal funder at its creation. 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. 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. I had absolutely no ideaI never really took serious in my own contemplation the idea that I would ever leave the Army, so I didnt know how to look for a job. This is what I wanted to ask you, and well close with this question cause we have to stop. Yeah, I thinknow, I have to qualify this, because I left the Army after five years. So we were together in the same company for the first three years of my cadet career until the scandal. The Brooklyn Heights home of billionaire Vincent Viola and his wife, Teresa, sold for $25.5 million in a deal that went through on Christmas Eve, according to public records. Doctor of Jurisprudence, New York Law School; Bachelor of Arts/Science, United States Military Academy. Did you find yourself when you would travel off being mocked and harassed by people? 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. I was very blessed. But there's a ton that can be done to help this team be active after another NFC Championship Game appearance. According to the complaint, Viola, through his affiliates, controls 82 percent of Virtus voting power. And in fact, I remember some of my cadet summers actually working to make money to give to my family. So my class and my company of A4 did not have one persons paper questioned, so we were almost in this kind of vacuum. [6][7][8] His father, an immigrant from Italy, worked as a truck driver after serving in the U.S. Army in the European theater of WWII. 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. Exactly, you know. [2] Lets come back to the time here at West Point during this period. They havent changed much, even til today, for hundreds of years, really. His personality was amazing. But we graduated with Major General Berry as our Superintendent. 55 which suspects its been cheated. Did you think you would be going to Vietnam when you entered here? You felt that from the first day, because it wasthe first day is transformational. Virtu obscures its public financial reporting by providing only consolidated financial information. What was theit was not. Im kind of grasping back. Everyone has a different capacity or understanding of it, but the principles of the Academy are overwhelming, and they are sown into you. The mansion has bounced on and off the market since 2013. And if you did, why? And I guess bring it to the next level of the honor procedure. Virtu now refuses to produce documents necessary to investigate the apparent wrongdoing.. 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. So you started your question by asking me how do you teach leadership? [5], Early life, education and military service, "Five Things To Know About Vincent Viola, Trump's Billionaire Pick For Army Secretary", "Vincent Viola, Founder and Executive Chairman, Virtu Financial", "Vincent Viola Becomes Owner Of The Florida Panthers", "Always Dreaming wins the 143rd Kentucky Derby", "New York businessman leading group purchasing Florida Panthers", "Donald Trump Selects Trading Firm Founder Vincent Viola as Army Secretary", "USMA Class of 1977: The Honor Scandal and Beyond", "All the ways Trump is having an impact on the sports world", "Vincent J. Viola: Executive Profile & Biography", "Virtu Never Loses (Well, Almost Never) in Quest to Upend Markets", "Virtu Financial Announces Pricing of Initial Public Offering (NASDAQ:VIRT)", "Trump picks businessman Viola as Army secretary", "Mattis, Trump team clashed over Pentagon appointment", "Trump's pick for Army Secretary drops out", "Vincent Viola, Billionaire Businessman, Is Trump's Choice to Lead the Army", "Army veteran Vincent Viola, billionaire owner of the Florida Panthers, named Trump's Army secretary", "How West Point is becoming a proving ground for technology", "Epic and Epically Opulent Manhattan Townhouse Listed for $114+ Million", https://en.wikipedia.org/w/index.php?title=Vincent_Viola&oldid=1135074740, This page was last edited on 22 January 2023, at 13:48. And I remember the impact it had on his family, especially his dad, who served so honorably in World War II. Well, these drill rolls actually existed, and they were physical lists on paper, and these cadets, many cadets would sit down and just put checks down next to peoples names if they even thought they mightve ever cheated. He is also Chief Executive Officer of Virtu Financial, one of the nation's foremost providers of financial technology products and services, which he co-founded along with Panthers Owner, Chairman, and Governor Vincent J. Viola in 2008. Net Worth: $2.8 Billion. I always knew I wanted to be an Infantry officer. Yeah. According to . I think youthis place overwhelms you in a positive sense. He retired later on as a lieutenant general from the Army. We have a responsibility to address this direct public health threat that impacts the populations we serve as well as those who use our facilities. 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. So the cheating happened in their Firstie Year? (Page 2) 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. [27] In January 2021, they sold their townhouse in the Brooklyn Heights Historical District for $25.5 million, setting a borough record. Donald Trumps real net worth? And so two or three fundamental challenges then faced the Academy. When the distaste for the Army was at a peak. Runnersrunners and clerks, and my neighborhood had a good amount of runners and low-level Wall Street professionals. 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. 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. Excellent reporting. 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. 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. I basically was torn. They are co-owners of Kentucky Derby winner Always Dreaming. You always want, in your mindyeah, because if you come through here, you cant help but to be singular in your desire to serve. 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. 33307. The Delaware attorneys for both sides Jeffrey Gorris for the pension fund and Matthew Stachel for Virtu declined to comment. Youre learning your craft because you must learn your craft, and the other thing here is youre executing the tenets of your craft every day. The suit asks a judge to force the company, Virtu Financial Inc., to produce its books and records for inspection by the plaintiff the pension fund of Toledo, Ohios Iron Workers Local No. Douglas A. Cifu is the Vice Chairman, Partner, and Alternate Governor of Sunrise Sports & Entertainment (SSE), the National Hockey League's Florida Panthers, FLA Live Arena, and SSE's additional operating entities. Born in Providence, a son of the late Albert and Michelina (DeGregorio) Viola. And when you arrived here, as you said, the country was undergoing a lot of social turmoil. The Ft L Commissioners lead by Dean to be honest, WERE STAR STRUCK BY PANTHERS LOBBYISTS CAMPAIGN CONTRIBUTIONS, but as a Commissioner said to me privately after I protested the proposed deal, Who cares what we do? (except the lobbyists)? And we were the first class to actually enter after the war had officially ended, which was, I think, January 12, 1973. A graduate of the U.S. Army Ranger school, he served in the 101st Airborne Division and later attained the rank of Major in the Army Reserves. He received his juris doctor degree from New York Law School in June 1983,[1][12][13] but did not complete the bar exam. I well remember sitting at a Breakfast next to the Panthers lobbyist when County n City Lobbyists fawned all over him AND A SUN SENTINEL REPORTER even after he was rude to a polite speaker at the Breakfast. Use arrows to navigate between autocomplete results. I appliedI paid someone to write a resume. And therefore, thats why the scandal happened. I joined the crowd. 1. Viola splurged on real estate with stock sale proceeds, buying a beachfront Florida condo and spending $108 million on Arizona's tallest skyscraper. (Getty) The 59-year-old Viola is currently ranked #474 on the Forbes 400 list and is ranked #338 among billionaires in the U.S. 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. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman and U.S. Army veteran. And then as a young person, seeing the first soldiers returning from Vietnam from the neighborhoodit was a working-class, basically uneducated neighborhood. People of your generation did not usually want to enter the Army at this point. FloridaPanthers.com is the official Web site of the Florida Panthers. Yes. And I remember as a young man saying, Thats his life. Chair in Catholic Theology at Fordham University.[26]. Place of Birth: New York City, U.S. Vincent Viola Net Worth and salary: Vincent Viola is an American businessman and U.S. Army veteran who has a net worth of $2.8 billion . Europe, Pacific, the Army Air Corps, Army Infantry, support soldiersso on both sides of my family, we had Bronze Star winners, CIB recipients, too, navigators, bombardiers on B-17s, and many, many missions. What was it like to be here in the period immediately after the end of the Vietnam War? Did you ever find yourselfeither because of the rigor of the training or because the temptations from the outside world or because of, perhaps, disappointment in your own class over this scandalthat you really wanted out? But I know that it got extremely non-linear, the interpretations of the code and peoples reaction to the code. Vincent Viola, the billionaire Wall Street trader who is President Trump's nominee to be secretary of the Army, has been negotiating to sell his airline, a move that would alleviate a potential. And so I had to help financially, even while I was a cadet. We came from a civilian world that had undergone enormous social disruption. REGISTERED AGENTS INC. And so there mustve been cadets who, rather than cheating or stealing themselves, were nonetheless implicated just because they were aware of the fact that it was going on down the hallway. Who was Superintendent when all this happened? But then I think Id love to pick up on it again, Because you said this at the beginning, and I think its really important to get you to talk about it a little bit morethat in a sense, the framework that you learned here. All Rights Reserved. Absolutelyyeah, it did. [18][6] In 2013, their Upper East Side townhouse was listed for sale at $114 million. You wanted to be that guy. He previously served as Chief Executive Officer and Chairman of Virtu Financial and its predecessors since April 2008. These instructors you had at the time, they wereyou said some of them were Vietnam veterans. I dont have specific memory or recall. And you have more privileges than youve ever had. [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. And harassed by people that had undergone enormous social disruption overwhelms you in a positive sense of generation... Refuses to produce documents necessary to investigate the apparent wrongdoing, basically uneducated.... Actually, instead of at the camera would be going to Vietnam when you would be going Vietnam... Delaware attorneys for both sides Jeffrey Gorris for the pension fund and Matthew Stachel virtu... 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