He was an astute businessman and an extreme opportunist. And it was interesting, because again, that exercise was going on. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); If you believe in the value of watchdog journalism please make your tax-deductible contribution today. [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. [25] Viola has endowed the Avery Cardinal Dulles, S.J. All Rights Reserved. [20], Viola withdrew himself from consideration for the position on February 3, 2017, citing his inability to comply with Pentagon regulations regarding personal businesses. Some of the cadets that were indictedif I dare say that wordwere indignant. He previously served as Chief Executive Officer and Chairman of Virtu Financial and its predecessors since April 2008. The home is held in the name of a Delaware corporation using the propertys address. Mr. Viola is also Co-Founder and Chairman Emeritus of Virtu Financial, one of the nation's foremost providers of financial technology products and services, and former Chairman of the New York Mercantile Exchange (2001-2004). In contrast the Class A stockholders, who through Virtu own nearly 2/3 of the units of Virtu LLC, have received only $208.4 million in cash dividends during this same period. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman, and U.S. Army veteran. I seeand actually took off a star in order to return here, isnt that right? 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. Mr. 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. 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. 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. 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. 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. So what are theythis would be my take on those incontrovertible principles. 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. 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. 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. Some of these very general storiesnot too specificand I thought West Point would be the best place to attempt to become commissioned. Cool on honor meant to the people who apparently would cheat and collaborate was that you were okay with collaborating or cheating. Viola and Teresa are both involved in horseracing as the owners of St. Elias Stable and Teresa Viola Racing, respectively. I think he finished his term, as I remember. Hes down at Fort Monroe now, I thinkis that right? You have to study leadership in combat situations. He took it public in an initial public offering (IPO) in 2015 using a so-called umbrella partnership corporate, or Up-C, structure in which a newly created shell company, Virtu Financial Inc., became the parent whose principal asset is shares of the underlying operating company, Virtu LLC. Did you think you would be going to Vietnam when you entered here? [5], Viola was born in 1956 to an Italian American family in the Williamsburg neighborhood of Brooklyn, New York, the son of Virginia (Torre) and John A. 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. Douglas A. Cifu - Vice Chairman, Partner & Alternate Governor. If you could just actually spell your name for the transcriber. I remember distinctly we had a special arrangement with the Essex Hotel where we could stay there for $21.00 a night. And I remember, in 1971, a young soldier from my neighborhood, who my family knew the family, got killed, and he was an infantryman. Now, where were you coming fromwhere did you grow up? So my class and my company of A4 did not have one persons paper questioned, so we were almost in this kind of vacuum. And if you did, why? And I guess bring it to the next level of the honor procedure. Yeah. 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. What did you go to do after you left? 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 good, because the principles at demand for combat leadership, they really dont change. And so two or three fundamental challenges then faced the Academy. You were always very good at mathematics. I was always pretty good at mathematics. Vincent "Vinnie" Viola is an American billionaire businessman and U.S. Army veteran. It was much the same as it is now and probably was for many years before: a very concentrated, specific social culture that was extremely singular in purpose. Copyright 1999-2020 Florida Panthers Hockey Club, Ltd and the National Hockey League. Florida Bulldog delivers fact-based watchdog reporting as a public service thats essential to a free and democratic society. 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. Reflects change since 5 pm ET of prior trading day. Additionally, the suit says, Viola owns nonpublic, super-voting stock that lets him retain control over Virtu and Virtu LLC. 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. Excellent reporting. In December . Spring through Firstyeah. Goodman wrote Viola "had a nasty temper, but [predecessor chairman Lou] Guttman says he didnt lose control of his emotions easily" and that "beneath the spit and polish he was still a tough guy from Brooklyn." 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. And I remember as a young man saying, Thats his life. The upper classes led the military formation of the cadets as much as the staff here, so its a very unique environment. [18][6] In 2013, their Upper East Side townhouse was listed for sale at $114 million. The Sexual Revolution was abound. At a peak. I always knew I wanted to be an Infantry officer. 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. My mom and dad were my dependentsand my younger brother were my dependents from the day I graduated. You have an affirmative duty, if you see. The home's billionaire owner, Vincent Viola, who owns the Florida Panthers, nearly sold the home once before. 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. So were you investigatedwas every cadet investigated for their commitment? Its an internally generated strength. I mean even those whocertainly those who actually did it must have, but did the rest of the class feel tainted by this? 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. Ms. Viola also recently sold a home in Brooklyn Heights for $25.5 million, setting a price record for a townhouse sale in the borough, records show. Viola is the owner of the NHL Florida Panthers. You wanted to be that guy. Donald Trumps real net worth? And your mother was sick also, had you said, or. It borders on failure or guiltyyou feel like I let down my central purpose, you know. I think hes not removed. Now, whyd you get out of the Army? 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. website designed by wwdb integrated marketing, Video: Bob Graham on Unanswered Questions of 9/11, please make your tax-deductible contribution today. 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. They havent changed much, even til today, for hundreds of years, really. My classmates used to tease methey said I had a very, very thick rubber band that was sewed in my back, and it would only stretch up to West Point and then spring back to my neighborhood in Brooklyn. When General Goodpaster comes back, is that right? 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. Tell me how you experienced that. He resides in Jupiter, Fla. with his wife, Melissa Lautenberg Cifu, their daughter, Rachel, and son, Daniel. 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. Mr. Viola's commitment to our nation's security led to his founding of the Combating Terrorism Center at West Point. P.O. 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. 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. 2017. We only knew we wanted to serve our country. Hes a wonderful role model and a great soldier, and I still keep in touch periodicallyjust simply very blessed. 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. Can I get a free decade please? I think the exercise was handed in over the holiday period of 19. Sign up now to get updates and email alerts when new interviews are released. If you are slightly potentialed to want to be hereslightly potentialed in your deepest personality to be selflessif you have the United States of America as part of your core identityyou have to understand that the rewards of selfless leadership are enormously infectious. This is very, very unique. REGISTERED AGENTS INC. When you click on the link below, you will be taken to the West Point Association of Graduates website and instructions on how to give to the Center. That. I think thats why many persons who get out continually try to serve, either in their community or in other capacities. You felt that from the first day, because it wasthe first day is transformational. 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. VIOLA, VINCENT 69 of East Greenwich, passed away May 3, 2013 at Rhode Island Hospital. Use arrows to navigate between autocomplete results. 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