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And if you did, why? And I guess bring it to the next level of the honor procedure. 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. Yes. 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. 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 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. 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. In 2017, a buyer was in contract to buy the home from Viola for $80 million, The Real . $2.5 billion, according to our most recent tally. We were very, very Spartan and committed to the Academy and to its principles. 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. 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. But I remember there was a formation, and I remember there were a host of names called out to fall out at the end of the formation. Did you havedid your family have an Army background at all? Cause it seems almost to epitomize the nadir of the Army. Integrity honestyattempting to become an ever-improving subject matter expert. He owns valuable New York real estate: Viola owns a 20,000-square-foot townhouse on the Upper East Side of Manhattan, near Central Park. So to an extent, we were sort of isolated. 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New York City quietly, socially, is a very conservative place, so if Id go out in uniform to a bar anywhere in the city, most of the persons in bars or in points of culture, even at those points, in those years were somewhat older, born of the Korean War or World War II generation. Mr. Viola started his career in the financial services industry on the floor of the New York Mercantile Exchange and rose to be Vice Chairman (1993-1996) and Chairman (2001-2004). I think the exercise was handed in over the holiday period of 19. So when youre here, and youre studying the subject matter, youre not conditional or conditioned by the environmentyoure going to ply your craft. Spring through Firstyeah. In 2003 he founded the Combating Terrorism Center at West Point to provide education and research about global terrorism. Tell me how you experienced that. My dad used to always say, Freedom isnt free. Guess that was justthats kind of a little bit of background. What was your. Mr. Viola's commitment to our nation's security led to his founding of the Combating Terrorism Center at West Point. My dad was three years old, approximately, when they came to America. 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. 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. 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 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. Born in Providence, a son of the late Albert and Michelina (DeGregorio) Viola. 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. And of course, my class suffered the honor scandal of 1976. [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. E. 69th St. for the slashed price of $59 million, according to property records and sources. West Point had not undergone a social revolution, for obvious purposes. A British financier has snapped up billionaire Vincent Viola's Upper East Side townhouse at 12. 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. Highly regarded by his peers, Cifu was recognized by Chambers USA and The Legal 500 as a leading mergers and acquisitions lawyer for buyouts and private equity transactions. My management leadership operation, dare I say, capacity, capability, is bounded in the skills around platoon leadership. My mom had two of her brothers and five nephews in combat. My mom and dad were my dependentsand my younger brother were my dependents from the day I graduated. It simply says a cadet will not lie, cheat, steal, nor tolerate those who do. 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. 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 dont have objective evidence. My mothers first advice when I told her I was going to get out of the Army, she said, You need to take the civil service test for different positions in New York City, which I thought a little bit about. I think there was my company, A4, and one other company that didnt have anyone in it questioned. But the storyits kind of interesting because my friends said, You have to come down here. All Rights Reserved. I basically was torn. 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. Agent Address. So here you are in Central Park South, a young man, and you are standing on Central Park South. Virtus Board of Directors is aware of the issue, but instead of fixing it, the Board has actively facilitated Violas expropriation. So it was not the Korean generation, you were being taught by people who were a little bit older than you are, thensenior officers? One sort of out of the movies, in a sense, and the other one. I think thats why many persons who get out continually try to serve, either in their community or in other capacities. And so that means you arrived here in 1970. Having a mobile app can increase accessibility for customers and provide a better customer experience. I cameI was raised in Brooklyn, New York, and a very, very parochial, if not insulated, Italian-American neighborhood. He graduated from West Point in 1977 and New York Law School in 1983. Vincent Viola is our Founder and has served as our Executive Chairman since November 2013. Which was that the nation was in decline, the Army is in decline, old traditional trusted places were not to be trusted anymore. They weren't immediately available for . And Branch Night wasoh, it was the best days of my life, being a platoon leader in the 101st Airborne Division was justfor someone who always desired to lead soldiers and experience the feeling of building an esprit and a camaraderie, it was just simply amazing. So when you would ask my dad, What are you, he probably would say, Im a male, husband, father, American, Catholic, or Catholic, American.. Thats a great point. Enter Search Term. March 23, 2021 11:15 AM. So I was experiencingI dont want to paint the picture like we felt estranged here. Copyright 1999-2020 Florida Panthers Hockey Club, Ltd and the National Hockey League. In 1987, he founded Pioneer Futures, one of the top fifty futures commission merchants in the US. Market-maker Virtu completed a series of. The Delaware attorneys for both sides Jeffrey Gorris for the pension fund and Matthew Stachel for Virtu declined to comment. This is what I wanted to ask you, and well close with this question cause we have to stop. He had commanded a brigade in the combat organization of the 101st Airborne Division during the conduct of that battle. Viola took the company public in April 2015. My dad took ill during my Yearling Year, and I was theI had become quickly the sole source of leadership in my family, and. The numbers are staggering. All Rights Reserved | Florida Bulldog. In fact, my first company commander is a very, very successful soldier, the class of 1975, Lieutenant General Benjamin Freakley. But I know that it got extremely non-linear, the interpretations of the code and peoples reaction to the code. 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. What was it like to be here in the period immediately after the end of the Vietnam War? Now, as I remember, the exercise was a very, very it was a almostit was a problem around designing a particular circuit, and it was a 3.0 valued take-home test. So that was sort of the lowest quiz or take-home exam you could have. And I can just remember the passion with which he spoke about operational planning, and the conduct of a platoon operation. 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. So what was it like? We were enormously devout around the values and principles that we were living here. 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. Yeah, actuallyand even more important, organizing the conduct of basically whatthe honor code and the administration of the honor code, the enforcement of it, is not much unlike our jurisprudential system. [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. Did you knowyou mustve known some of the cadets that were involved with this. Douglas A. Cifu - Vice Chairman, Partner & Alternate Governor. [10], Viola graduated with a bachelor's degree from the United States Military Academy in 1977 and was commissioned as a second lieutenant in the U.S. Army. It was very fascinating, and I could actually say, for me, it was quiteI was self-aware of it, because the academymy classI think this can be documented. And. Cool on honor meant to the people who apparently would cheat and collaborate was that you were okay with collaborating or cheating. Mr. Viola was the owner/operator o It was a combination of hearthe had congenital heart disease that went undiagnosed, and just was rendered incapable. Viola and other pre-IPO owners, who combined own only a little more than 1/3 of the equity units of Virtu LLC, have received a total of $706 million in cash distributions from Virtu LLC during the last seven quarters, says the complaint, which was filed last March to little media attention. And you have more privileges than youve ever had. So lets talk a little bit about that. So there are somethere are a couple of capstones in that journey. COPYRIGHT 2014 WEST POINT CENTER FOR ORAL HISTORY. I appliedI paid someone to write a resume. Its very interesting. And it was a great point of honor for my grandfatherhe actually left the military as a noncommissioned officer of the Italian Army. Viola is the owner of the NHL Florida Panthers. 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. 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. 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. Im just trying to understand this. So I distinctly remember sophomore year of high school, there was a very spontaneous antiwar demonstration, and there was a small group of us that basically picked up flags in the hallway of the high school and went outside and carried the flags and raised the flags. If no results appear, use Enter to do a full site search. And that stuck with mesort of confirmed for me that the military was an honorable profession. I remember a Major Davison, in military instructionI think, believe he was class of 1964. And I rememberand we had to recite, every day, in most classesparticularly mathematics, where we would take positions at our blackboards and solve a problem, and then brief on that problem. 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. Yes. You transform to depths that youre not aware of. 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. 2023 Forbes Media LLC. Anyway, my dad did that, and in 1980 my dad took a massive heart attack19791980. 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. 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. It was, yeah. [2] He is the former chairman of the New York Mercantile Exchange (NYMEX), and the founder and chairman of Virtu Financial. 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. 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. [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. REGISTERED AGENTS INC. 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. Fort Lauderdale, Fl. 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. Is that what happens next, or is the, I cant quite remember, but what I believe happened was they were expelled from the Corps, and the federal government, at the Department of Army level, reacted to the forces, the social and political forces that were bringing to bear on the construction, which challenged the idea that, in fact, the Academy had protected the honor code well enough so that it was functioning and being followed. Dare I say they aretheyre definitional. [25] Viola has endowed the Avery Cardinal Dulles, S.J. 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. People, soldiers dont judge other soldiers. 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 . Standing in formation, being of correct order, marching in formationso youre physicalizing on your leadership ability, and it was the same always. And he just was extremely involved effectively at forming us as officers. [27] In January 2021, they sold their townhouse in the Brooklyn Heights Historical District for $25.5 million, setting a borough record. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman, and U.S. Army veteran. Many just did it almost as a social activity. And so two or three fundamental challenges then faced the Academy. And the captain said, Wellmy dad was not bold enough to say, Id like to bring them food or something. He would just figure outso the captain gave him a day pass to go and visit his family, and suggested that he bring some food and other supplies, sundries to them. The conduct of these honor committee hearings was going on. Its a small town nestled in the Valiano region of, mountainous region of BasilicataBasilicata is the region, Campania is the greater region. It's the most . Viola and Teresa are both involved in horseracing as the owners of St. Elias Stable and Teresa Viola Racing, respectively. I think it was the spring of our Cow Year, our third year here, and I remember during breakfast formationthese might be false memories. I think General Goodpaster became the Superintendent the following year or the following 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. They were called, the term was used, Are you cool on honor? And I found this out later on as the scandal evolvedand. My mom had two of her brothers and five nephews in combat. Join the West Point Center for Oral History's Pipeline Alert. I think hewell, I dont know what you would call that. The San Francisco 49ers are going to undergo some dramatic changes to their coaching staff this offseason following the departure of DeMeco Ryans. He was a devout Airborne soldier named Sidney Berry. 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. And I remember as a young man saying, Thats his life. Even if he didnt know what he was talking about, he sounded like he knew what he was saying. They havent changed much, even til today, for hundreds of years, really. Yeah, I thinknow, I have to qualify this, because I left the Army after five years. 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. 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. His father's Army service made a significant impression on Viola as a youth. I distinctly remember that. And you are taught here that you have a responsibility unlike any other profession, because when you are engaged in combat and you are firing upon an objective and maneuvering to take it, you are going with forethought to make decisions knowing that theres a great chance the person that you send forward to execute either fire or maneuver is not going to come back. And they said to me, Vinny, you have to do this. I started law school in the evening, because basically my mother told me to, to be quite frank, and. And your mother was sick also, had you said, or. Box 23763 So for me, it was quite an abrupt andbut heartening transition. 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. 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. [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. The San Francisco 49ers head into NFL free agency in a less-than-stellar salary cap situation. 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. You wanted to be that guy. So the investigation goes on sort of in the Spring semester of the Cow Year. So as I remember, there was a period where cadets basicallycadets who were charged basically claimed that everyone cheated at the Academy, and the honor code wasnt being upheld. I remember the first time I heard an upperclassman kind of bad-mouthing some of the policies of the Academy. Related by education: New York Law School. 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. My dad was a combat support officer. We were [a] extremely patriotic family. The Corps has. In other words, the Corps has seen its better daysits not like it used to be. "From the first day at West Point, my focus and purpose was about selfless leadership, putting others before yourself and being ready to sacrifice for others so that the mission and the goal would be accomplished.". Prior to Virtu, Cifu practiced law for 18 years at the international law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, where he was a partner. Some of these very general storiesnot too specificand I thought West Point would be the best place to attempt to become commissioned. Thats his passion. And his devotion and his enthusiasm around it and pride in it was completely infectious. 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. Doctor of Jurisprudence, New York Law School; Bachelor of Arts/Science, United States Military Academy. 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)? Find Vincent Viola's phone number, address, and email on Spokeo, the leading online directory for contact information. Exactly, you know. And it was a very interesting face-off between the protestorswho really were sort of socially enjoying the protestand that small minority of us who felt that this almost romantic attachment to the ideals of the country and took it very seriously. Oh, what did I do professionally? FloridaPanthers.com is the official Web site of the Florida Panthers. She didnt have any skills, per se, except to be a housewife. 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. 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. [2] Viola is a. Of all the locations this generational defender was expected to choose next on his managerial journey, a stint at a freshly relegated Lancastrian club was not on the list. Because now it had elevated past the control of the Corps, and it became a challenge to the administration of the Academy. We appreciate your gererosity! The home is held in the name of a Delaware corporation using the propertys address. 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. 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. And the captain said, Wellmy dad was not bold enough to say, Freedom isnt free of,. 'S security led to his founding of the lowest quiz or take-home exam you could have significant... Are both involved in horseracing as the owners of St. Elias Stable and Teresa are both involved horseracing. Oral History 's Pipeline Alert Albert and Michelina ( DeGregorio ) Viola like it used be... November 2013 for Virtu declined to comment around the values and principles that we were enormously devout around values! About, he founded the Combating Terrorism Center at West Point to provide education and research about Terrorism... Weren & # x27 ; s Upper East Side of Manhattan, near Central Park South 1976! 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