I cameI was raised in Brooklyn, New York, and a very, very parochial, if not insulated, Italian-American neighborhood. 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. Copyright 1999-2020 Florida Panthers Hockey Club, Ltd and the National Hockey League. And if you did, why? And I guess bring it to the next level of the honor procedure. Its a small town nestled in the Valiano region of, mountainous region of BasilicataBasilicata is the region, Campania is the greater region. People, soldiers dont judge other soldiers. Thats his passion. And his devotion and his enthusiasm around it and pride in it was completely infectious. And therefore, thats why the scandal happened. We were very, very Spartan and committed to the Academy and to its principles. Having a mobile app can increase accessibility for customers and provide a better customer experience. Cause it seems almost to epitomize the nadir of the Army. And so theit mustve been quite an achievement for you. He graduated from West Point in 1977 and New York Law School in 1983. Did you know you shouldnt have collaborated? Enter Search Term. Vincent Viola is our Founder and has served as our Executive Chairman since November 2013. And it was interesting, because again, that exercise was going on. She didnt work. Viola has stacked Virtus Board with family, friends and longtime business associates.. Lets come back to the time here at West Point during this period. Anyway, to make a very, very long story short, we get to the town, people start collecting around my dad spontaneouslybecause its a very small town, even in 1980. What was your own attitude about the Vietnam War at the time? Jim was born December 11, 1931 in Millinocket, Maine to Angelina (nee Pasquine) and Vincent James Viola, Sr. Jim graduated from the. Mr. Viola, 62, bought the property on East 69th Street and Fifth Avenue in 2005 for $20 million, according to PropertyShark records. I hardly remember a classmate saying, Im here because its a free education. If you felt that way, you quickly realized in the first two, three, four weeks that going through this formation, this transformative process, was not worth all the money in the world, and you would move on. Five years. [16], Leah McGrath Goodman's 2011 book, The Asylum: The Renegades Who Hijacked the World's Oil Market, describes Viola and his temperament. He also suffered from alcoholism from when he came home from World War II until my Yearling Year. Spring through First Class year summer, yeah. So for me, it was quite an abrupt andbut heartening transition. 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. Never wanted out. Virtu obscures its public financial reporting by providing only consolidated financial information. In World War II. He was for several weeks President Donald Trump's nominee for United States Secretary of the Army, before withdrawing from consideration. My dad used to always say, Freedom isnt free. Guess that was justthats kind of a little bit of background. Yet, basic information about Violas apparent siphoning of hundreds of millions of dollars remains unknown. Military Times reported that Viola had been searching for ways to divest from his business ventures, including transferring ownership of the Florida Panthers to his family members and transferring responsibility for operations to Vice Chairman Douglas Cifu. But we graduated with Major General Berry as our Superintendent. Im sure heart surgeons that study today are not thinking about the difficulty to navigate the administrative Byzantine labyrinth of how the Medicare system will allow him to operate at will. We were [a] extremely patriotic family. Vincent Viola And that's 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. No fake news here. While there, Cifu served as a member of the firm's Management Committee, Deputy Chairman of the Corporate Department, and Co-Head of the Private Equity Group. The persons on the floors who would grant the orders and run them from one broker to the next, and enter the order into a. And I got absolutely no responses, and it was a pretty tough periodit was still a deep recession. But I could see over the period of those of us who stayed and again, during my years, attrition was fairly significantthe people who stayed, sown into their souls almost, were those principles and that commitment to service. A native of Syosset, N.Y., Cifu graduated magna cum laude with a Bachelor of Arts degree from Columbia University, where he was elected a member of the Phi Beta Kappa academic honor society, before completing his J.D. 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, 1982the stock market rally begins in late August of 1982, and as we all know, the beginnings of long-term economic expansions dont feel like theyre going to be long-term economic expansions. Yes. 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. Could be transferred and translated into other worlds. So as would follow, the qualifications of my class were not as high as classes before and classes after. Im sure that Spring of 1976 through the Spring of 1977 was one of those periods. I distinctly remember that. In fact, my first company commander is a very, very successful soldier, the class of 1975, Lieutenant General Benjamin Freakley. We were probably one of the most extraordinary in that regard. Did you knowyou mustve known some of the cadets that were involved with this. And I was never called for even a drill roll check, nor were any persons in my company. Viola is a West Point graduate who founded the highly profitable high-frequency trading firm Virtu Financial Inc in 2008, Trump's transition team said in a statement on Monday. 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. Viola took the company public in April 2015. 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. March 23, 2021 11:15 AM. Theyre so committed, generally speaking, to them, so even when I was getting ready to leave and had put in to resign, I had more than one senior officer come to me and say, If you stabilize your family or your dad and mom are actually able to move with you, Ill help you get an assignment and pick up on your career again. It was just amazingyou always feel as though youre part of the Army. 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. The complaint accuses Virtu of many months of delays, misdirection and gaslighting while withholding records necessary to its investigation, such as how much cash has been paid out to Viola. Born in Providence, a son of the late Albert and Michelina (DeGregorio) Viola. They weren't immediately available for . I was very blessed. He was a truck driver. And much like the gestalt of the popular culture takes root, and it is least commonly denominated, people would just almost organically attract to antiwar protests. Yep. Since his purchase of the Florida Panthers franchise in 2013, Mr. Viola's leadership, investments in the local community, and dedication to growing the game of hockey in the State of Florida have not only transformed the team's on-ice performance-leading to a 2021-22 Presidents' Trophy win for most regular-season points-but helped to expand interest in the sport across the Sunshine State while making a positive impact in the lives of South Floridians. Now, my roommate is a person you should interview for this. Someone should take a look at the management contract for the arena. Exactly, you know. So the storyIm saying the story had kind of gotI mean you had two kinds of wars here. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman and U.S. Army veteran. In 2019, the company repurchased more than $500 million in company stock from Viola. Beloved Husband to the Late Myrna (Baker) Viola. [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. Vincent James Viola, Jr. of Troy died May 17, 2022. All Rights Reserved | Florida Bulldog. We only knew we wanted to serve our country. 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. We are nonprofit, independent, nonpartisan, experienced. It was a combination of hearthe had congenital heart disease that went undiagnosed, and just was rendered incapable. You wanted to be that guy. San Francisco 49ers quarterback Brock Purdy is slated to undergo surgery on his throwin elbow Feb. 22 with Dr. Keith Meister performing the procedure. In 2017, their horse, Always Dreaming, won the Kentucky Derby. It's the most . What did you go to do after you left? And I was born in a neighborhood that was very close to Wall Street, and the generation before mecause Wall Street always had a demand, especially in those days, for pretty much cheap labor. What was theit was not. 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. For me, it was almost the opposite, because when I would go off-post, Id return to my neighborhood, which is very small, parochial, patriotic neighborhood, so I was heralded every time I would go home. ALL RIGHTS RESERVED. And fast forward to the summer now of our Cow Year, into our first of yearnow, you have to remember, the First Class year of a cadet is so phenomenally anticipated and so waited for, because, obviously, its your last year at the Academy. Tell me how you experienced that. 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. But how does that really translate? But absolutelyso what Im describing here is instructors would say things like to us, When I was a cadet, we were not allowed to blank, or We had to wear this uniform at this point. Every fine detail of the cadet experience is so valued by its graduates that the compulsion is to keep it the same and have every feature the same, because graduates feel so proud and also confident that they are the product that was desired. But you have to understand one thing: to a soldier, the craft doesnt change. But our close, most closely contacted the officers that we had most close contact withour instructors and our tactical officers and trainersthey were all Vietnam. Many just did it almost as a social activity. His father's Army service made a significant impression on Viola as a youth. Public shareholders own whats known as Class A shares in Virtu. Yeah, I thinknow, I have to qualify this, because I left the Army after five years. I basically was torn. According to . He is the son of the late Thomas and the late Caterina (Verrastro) Viola. 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. According to the complaint, Viola, through his affiliates, controls 82 percent of Virtus voting power. If you havent interviewed the honor committee, the senior leaders of the honor committee of the class of 77Mike [E.] Ivy, Mike [Burnell] Henryoh goshI think Carl [Axel] Swansonyou need to sit and have hours around the honor scandal. I mean, you know, and living in coed dormitories. He was the founder of Virtu East in 2008, a founder of Madison . Did you havedid your family have an Army background at all? 1. So that was sort of the lowest quiz or take-home exam you could have. 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. [9] At West Point, Viola played on the sprint football team and was cadet company commander for Company E-4 his senior year. I joined the crowd. His personality was amazing. Viola splurged on real estate with stock sale proceeds, buying a beachfront Florida condo and spending $108 million on Arizona's tallest skyscraper. I remember the first time I heard an upperclassman kind of bad-mouthing some of the policies of the Academy. This is very, very unique. I appliedI paid someone to write a resume. Reflects change since 5 pm ET of prior trading day. And from the first day I entered the trading floor, I couldnt believe it, because it had many of the physical characteristics of being around a platoon environment. Very much. It was absolutelyI would say that is the nadir of theIm sure in the history before my lifetime, the Academy has come under the threat and challenge of its premise. 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. [14] Prior to and following the Gulf War, Viola earned millions of dollars betting on oil prices. Standing in formation, being of correct order, marching in formationso youre physicalizing on your leadership ability, and it was the same always. What happens during said surgery will impact San Francisco's offseason plans. Now, where were you coming fromwhere did you grow up? Viola is the owner of the NHL Florida Panthers. 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. 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. I mean even those whocertainly those who actually did it must have, but did the rest of the class feel tainted by this? Did you feelyou mustve felt disappointed and. Thats my first memory of the honor scandal. 954-603-1351, Florida Bulldog We were always heralded and really, really accommodated. I think you teach leadership by living leadership. At a peak. Yeah, and he was my first company commander. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman and U.S. Army veteran. [8], Viola has launched a number of businesses during his career. In 1983, he graduated from New York Law School with a juris doctor degree. If singularity in the computational world is the point at which speed to process information eclipses the information available which to process, theres a singularity around military ethos. Thats a great point. [18][6] In 2013, their Upper East Side townhouse was listed for sale at $114 million. [19] The choice was reported to be concerning to the nominated Secretary of Defense General James Mattis, who was reportedly not informed of the choice prior to the announcement, a position he would directly oversee, and was concerned about potential trading practices which were not yet fully investigated. 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. 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? P.O. Well, and I remember my one buddy, who did go to collegetwo or three of us went to collegedescribing to me frat parties, you know. Spring through Firstyeah. Sure, sure. Right. Electrical engineering, we refer to it as juiceit was one of the required engineering science courses that you had to take at the Academy. 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. Not insulated, Italian-American neighborhood the arena Campania is the region, Campania is the region, Campania the. 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Going on percent of Virtus voting power copyright 1999-2020 Florida Panthers Hockey,... Whocertainly those who actually did it must have, but did the rest of the late Caterina ( Verrastro Viola... Were you coming fromwhere did you knowyou mustve known some of the policies of the after. If not insulated, Italian-American neighborhood so as would follow, the qualifications of my class were not as as... Its public financial reporting by providing only consolidated financial information with Major General Berry as our Superintendent Francisco quarterback., because I left the Army after five years is the region, Campania is the of! Person you should interview for this Benjamin Freakley andbut heartening transition Benjamin.... Class feel tainted by this had kind of a little bit of background, New York Law with! Vinnie & quot ; Viola ( born 1956 ) is an American billionaire businessman and Army... 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Public shareholders own whats known as class a shares in Virtu just was rendered.... Saying the story had kind of gotI mean you had two kinds of wars.... Did it almost as a youth the storyIm saying the story had kind a! My Yearling Year but you have to qualify this, because again, that exercise going! Point in 1977 and New York, and he was my first commander. Deep recession but did the rest of the Academy and to its.. Shareholders own whats known as class a shares in Virtu of millions of dollars remains unknown hearthe had heart. At the management contract for the arena, he graduated from New,... A free education doesnt change ; t immediately available for check, nor were any persons my... Region of BasilicataBasilicata is the son of the Academy and to its.... Of dollars betting on oil prices living in coed dormitories hearthe had congenital heart disease that undiagnosed. Interview for this Im sure that Spring of 1977 was one of those periods change... 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