Mr. Viola is one of the nation's foremost leaders in electronic trading. 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. It borders on failure or guiltyyou feel like I let down my central purpose, you know. And I was never called for even a drill roll check, nor were any persons in my company. I think our class did feel shame and does feel shame, because I think our class, in some ways, bore an enormous unspoken responsibility. 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. She didnt work. Now, didare you the first to go to West Point in your family? And my roommate at the time was a secretary to the honor committee, and so his life changed overnight. So we were together in the same company for the first three years of my cadet career until the scandal. So my class and my company of A4 did not have one persons paper questioned, so we were almost in this kind of vacuum. The mansion has bounced on and off the market since 2013. You felt that from the first day, because it wasthe first day is transformational. Florida Panthers and floridapanthers.com are trademarks of the Florida Panthers Hockey Club, Ltd. NHL, the NHL Shield, the word mark and image of the Stanley Cup and NHL Conference logos are registered trademarks and NHL Draft name and logo are trademarks of the National Hockey League. Vincent "Vinnie" Viola is an American billionaire businessman and U.S. Army veteran. I think thats why many persons who get out continually try to serve, either in their community or in other capacities. It was, yeah. Of course, it also dovetailed with the larger story going on outside of the Academy. 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. 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. $2.5 billion, according to our most recent tally. [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. 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. Im sure that Spring of 1976 through the Spring of 1977 was one of those periods. You only put your minimum, five years and gone. 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 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. In the American Armythats amazing. Mr. Viola's commitment to our nation's security led to his founding of the Combating Terrorism Center at West Point. Mr. Viola and his wife, Teresa, have three sons - John, Michael, and Travis - and several grandchildren. And we were the first class to actually enter after the war had officially ended, which was, I think, January 12, 1973. Vietnamization, actually, wouldve done some of that. 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. My mom and dad were my dependentsand my younger brother were my dependents from the day I graduated. [21], After the 9/11 attacks, Viola helped found the Combating Terrorism Center at West Point, and was the principal funder at its creation. And remember, from the first day youre here, you understand what singularity isyou understand what singularity is. We had a gentleman who was a war hero. And I remember more than a handful of my mathematics professors finishing the work with the boards with 15, 20, 25 minutes left in the class and describing a combat experience. He retired later on as a lieutenant general from the Army. I basically was torn. The upper classes led the military formation of the cadets as much as the staff here, so its a very unique environment. Cool on honor meant to the people who apparently would cheat and collaborate was that you were okay with collaborating or cheating. And dare I say even the cadets that suffered the current popular cultural gestalt of moral relativism while they were here, at their core desired and wanted to be combat leaders. Did you know you shouldnt have collaborated? 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. And I remember, in 1971, a young soldier from my neighborhood, who my family knew the family, got killed, and he was an infantryman. We only knew we wanted to serve our country. My dad was three years old, approximately, when they came to America. And the academy was a place where those inputs werent really defining the environment. [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. Most all of themI dont remember any that wasnt. I mean even those whocertainly those who actually did it must have, but did the rest of the class feel tainted by this? Mr. 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? 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. And so that means you arrived here in 1970. My mom was not sick, but she was an Italian-American housewife. 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. All donations are tax deductible. [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. Some of these very general storiesnot too specificand I thought West Point would be the best place to attempt to become commissioned. He was a truck driver. Could be transferred and translated into other worlds. From West Point To Middle School: Continuing Service To The Nation, The F As A Badge Of Honor: Surviving The Class Of 77 Honor Scandal, Learning through Failure, Toward Greater Challenge: Self-Discipline, The Key. TRD Staff. And so theit mustve been quite an achievement for you. These freedoms are gifts. Im just trying to understand this. We have the same number of Stanley Cups! They were called, the term was used, Are you cool on honor? And I found this out later on as the scandal evolvedand. But the storyits kind of interesting because my friends said, You have to come down here. 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. So Ill try to take you through the first day, and to graduation. 954-603-1351, Florida Bulldog 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. This is what I wanted to ask you, and well close with this question cause we have to stop. Enter Search Term. We were always heralded and really, really accommodated. 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 . But their claim thatwas that everybody cheated. All NHL logos and marks and NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. Florida (US) Branch. [27] In January 2021, they sold their townhouse in the Brooklyn Heights Historical District for $25.5 million, setting a borough record. [3] Viola is the owner of the Florida Panthers, a National Hockey League (NHL) ice hockey team. 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. 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. We came from a civilian world that had undergone enormous social disruption. I remember as a young man unrealistically wanting to go to Vietnam. 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. Tell me about Branch Night for youwhat did you choose? 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)? He previously served as Chief Executive Officer and Chairman of Virtu Financial and its predecessors since April 2008. Its the point where you ask yourself do you understand the importance of your role as a combat leader. 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. Did you think you would be going to Vietnam when you entered here? West Point had not undergone a social revolution, for obvious purposes. 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. Branch of THREE BROTHERS FAMILY OFFICE LLC (New York (US)) Agent Name. Vincent James Viola, Jr. of Troy died May 17, 2022. Dan Christensen [18][6] In 2013, their Upper East Side townhouse was listed for sale at $114 million. All Rights Reserved. And you have more privileges than youve ever had. 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. 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. His personality was amazing. Lets actually go to the nature of that kind of training. 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. Box 23763 The home's billionaire owner, Vincent Viola, who owns the Florida Panthers, nearly sold the home once before. The Delaware attorneys for both sides Jeffrey Gorris for the pension fund and Matthew Stachel for Virtu declined to comment. We were very, very Spartan and committed to the Academy and to its principles. You were always very good at mathematics. I was always pretty good at mathematics. Yeah. Having a mobile app can increase accessibility for customers and provide a better customer experience. 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 Sexual Revolution was abound. Vincent Viola was born August 13, 1933 in Brooklyn, NY. So it was not the Korean generation, you were being taught by people who were a little bit older than you are, thensenior officers? 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. And. 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. 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. 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. Vincent Viola is our Founder and has served as our Executive Chairman since November 2013. I think it was the spring of our Cow Year, our third year here, and I remember during breakfast formationthese might be false memories. In World War II. 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. I joined the crowd. 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. Virtu now refuses to produce documents necessary to investigate the apparent wrongdoing.. Very much. The Hong Kong billionaire developer sees silver lining in mainland Chinas property market turmoil, readies master plan to hand over group to next generation. Its very interesting. 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. 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. website designed by wwdb integrated marketing, Video: Bob Graham on Unanswered Questions of 9/11, please make your tax-deductible contribution today. Electrical engineering, we refer to it as juiceit was one of the required engineering science courses that you had to take at the Academy. What was your. 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. Teresa runs the interior decorating company Maida Vale Designs and also owns Teresa Viola Racing Stables. 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. And about five minutes into the gathering, I see these adult men crying and grabbing my dad, and lo and behold they had remembered how they were starving, and how in the war he brought them a truckload of food, and actually stood with them for two days, as I remember now. 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. 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. March 23, 2021 11:15 AM. 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. In 2017, a buyer was in contract to buy the home from Viola for $80 million, The Real . They are co-owners of Kentucky Derby winner Always Dreaming. Viola has stacked Virtus Board with family, friends and longtime business associates.. 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. Beloved Husband to the Late Myrna (Baker) Viola. He is the son of the late Thomas and the late Caterina (Verrastro) Viola. I dont have specific memory or recall. In the next two weeks, Maestro Gustavo Dudamel will conduct the LA Philharmonic in performing twice on three consecutive nights (Dec. 9-11; and Dec 15-17), the three acts of Richard Wagners Tristan and Isolde in a acclaimed production staged by innovative director Peter Sellars and with videos c Lacino custom bejeweled leather bowties are crafted with the technicality of the automotive industry, and are unlike anything on the market. 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 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. So this family, from thisthey both came from the same village, my mom and dadfrom this little hamlet had over ten persons serving this new country in harms way. Cause it seems almost to epitomize the nadir of the Army. 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. Now, where were you coming fromwhere did you grow up? A British financier has snapped up billionaire Vincent Viola's Upper East Side townhouse at 12. 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. Someone should take a look at the management contract for the arena. So the storyIm saying the story had kind of gotI mean you had two kinds of wars here. The protection of civil liberties was being focused upon. I mean, you know, and living in coed dormitories. P.O. Viola took the company public in April 2015. It was a training, basic training location. 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. Viola especially emphasizes the lifelong importance of his training at West Point for the military and civilian world. 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. Yeah, yeah. Yes. Find Vincent Viola's phone number, address, and email on Spokeo, the leading online directory for contact information. 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. People, soldiers dont judge other soldiers. Its the same thing herethis is extremelyin the end its a very insulated, but positively reaffirming, environment. 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. 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. They would wear khaki uniforms, and they were called the speed battalion or the speed company. [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. 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. 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. Ill veer off to a very interesting story. 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. Photo by Eliot J. Schechter/NHLI via Getty Images. So I remember distinctly, as a young man, reading about some of the first battlesI cant remember specifically which ones. 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. And so two or three fundamental challenges then faced the Academy. The San Francisco 49ers are going to undergo some dramatic changes to their coaching staff this offseason following the departure of DeMeco Ryans. In 1987, he founded Pioneer Futures, one of the top fifty futures commission merchants in the US. 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. Who was Superintendent when all this happened? And you went to a public school, I take itis that right? Davis is the fourth Black performer to win the quartet of awards after Whoopi Goldberg, John Legend, and Jennifer Hudson. You transform to depths that youre not aware of. He resides in Jupiter, Fla. with his wife, Melissa Lautenberg Cifu, their daughter, Rachel, and son, Daniel. According to Forbes, which ranks Violas current real time net worth as $3.4 billion, Viola used the money to splurge on real estate including the $10-million purchase of a pair of beachfront condos in Fort Lauderdales Auberge Beach Residences & Spa. Vincent Viola and 2 Pierrepont Street (Getty, Google Maps) Tenants at 2 Pierrepont Street, a Brooklyn Heights rental building, filed a lawsuit against . The Official Site of the Florida Panthers. Absolutelyyeah, it did. Born in Providence, a son of the late Albert and Michelina (DeGregorio) Viola. Right. Viola and his wife, Teresa, sold the places in March for $11.3 million. Jan. 18, 2017. Yeah. Very fascinating, thats a great question. Whats Next? 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. According to the complaint, Viola, through his affiliates, controls 82 percent of Virtus voting power. He took illthis is before his heart attack, though. Its a small town nestled in the Valiano region of, mountainous region of BasilicataBasilicata is the region, Campania is the greater region. 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. Did you find yourself when you would travel off being mocked and harassed by people? The honor committee became basically a full-time job for him, to the point where, as I remember, he missed many classes. 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. It simply says a cadet will not lie, cheat, steal, nor tolerate those who do. So for more than one invasion, he was in the middle of the landing and in the middle of the action. An entrepreneur, philanthropist, and veteran of the United States Army, Mr. Viola is a Brooklyn, N.Y. native and graduate of both the U.S. Military Academy at West Point and New York Law School. I distinctly remember that. He received his juris doctor degree from New York Law School in June 1983,[1][12][13] but did not complete the bar exam. 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. He was for several weeks President Donald Trump 's nominee for United States Secretary of the Army, before withdrawing from consideration. In 2008, Viola founded Virtu Financial, active in electronic market making. Net Worth: $2.8 Billion. I had an enormously fascinating experience around the honor scandal. My dad served in combat in World War II, many of my uncles did. What occurred next was extremely, extremethis is my perspective, of coursebut extremely instructional. 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. Viola and other pre-IPO insiders continue to directly own units of Virtu LLC that are economically equivalent to Class A shares. Excellent reporting. COPYRIGHT 2014 WEST POINT CENTER FOR ORAL HISTORY. She didnt have any skills, per se, except to be a housewife. Sign up now to get updates and email alerts when new interviews are released. Most persons had been introduced at some point to drug usedrinking was very, very accepted. 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. Many just did it almost as a social activity. 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