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Sun 10/16/2011 
Dissent of Selection of Grand Marshall of Columbus NYC Parade 

I too am disappointed that Joe Plumeri (not to be confused with Joe the Plumber)  was chosen Grand Marshall of the Columbus Day Parade ,who while having great success, has NO known connection to the Advancement of Italian and Italian American Heritage, nor as a Defender of the Negative Stereotypes.  Instead, Mr. Plumeri was closely associated with the vile Wall Street , who was being justifiable vilified by the 99ers just a few blocks away. [Plumeri was a President & Managing Partner of Shearson Lehman Brothers, President of Smith Barney, Vice Chairman of Travelers Group, Chairman & CEO of Primerica Financial Services, CEO of Citibank, North America, President & CEO of Willis Group Holdings (a holding of Kohlberg Kravis Roberts (KKR),]
 
Additionally insulting is the cavalier attitude of the Columbus foundation chief Frank Fusaro, who acting as a Cafone, dismissed any criticism of what appeared to be a despotic, and  nepotistic decision. This type of self serving selections are made too often and diminish the Impact and Importance of any Italian Event. 


Chairman of Italic Institute of America Disagrees with Leadership of NYC's Columbus Day Parade
New York Daily News; Monday, October 10th 2011,

The heads of several Italian-American organizations in the city disagree over who should take on leadership of the annual Columbus Day parade. 
The chairman of the Italic Institute of America says the organizers of the Monday's Columbus Day parade need to discover democracy.

Roy Iaconis, who heads up the Floral Park, L.I., organization, tells us that the Manhattan-based Columbus Citizens Foundation"  which has been organizing the parade since 1929 ? has a virtual monopoly over the parade.

He also complains that the foundation's decision to name one of its own members "insurance broker Joe Plumeri " as the parade's grand marshal "smacks of cronyism."

Iaconis says he would have liked to see Secretary of Defense Leon Panetta or Medal of Honor recipient Salvatore Giunta lead the parade.

Columbus foundation chief Frank Fusaro responds that Plumeri deserves the honor and, citing the foundation's long history with the event, adds that if any other Italian-American organizations are feeling left out, "let them run their own parade."

Iaconis tells us, "I'm not here to undermine Columbus Day. I just want to make it more democratized."

He says it's time for other Italian-American organizations  to "play a part in the choice of grand marshal, the line of march, the floats and other key decisions."

"We are marginalized," says Iaconis.

According to the Italic Institute chief, a parade honoring "the admiral of the ocean sea should not be a revenue stream or a membership drive" for the Columbus Club.

As he points out, the foundation makes quite a bit of money selling sponsorships connected to the parade and the foundation's annual gala dinner, which takes place Monday night at the Waldorf-Astoria.

Fusaro responds that "every nickel and dime" that the foundation makes "goes to our scholarship program," which helps some 550 students and other programs that promote Italian culture and language.

Fusaro also calls Plumeri, who's the CEO of Willis Group Holdings, "one of the most philanthropic guys in the world" and says he's the right man for the job.

He also says that "every year," someone complains about the foundation's organization of the event. "I think we do a pretty good job running the parade," Fusaro says. "I'm very proud of what we do and as far as I'm concerned, we're an open book."

The Columbus Day parade is scheduled to begin at 11:30 a.m. and head  up Fifth Ave. from 47th to 72nd Sts.The festivities will be broadcast on WABC-TV.

Previous grand marshals have included CNBC's Maria Bartiromo and venture capitalist Kenneth Langone. 
He also complains that the foundation's decision to name one of its own members ? insurance broker Joe Plumeri ? as the parade's grand marshal "smacks of cronyism."

Iaconis says he would have liked to see Secretary of Defense Leon Panetta or Medal of Honor recipient Salvatore Giunta lead the parade.

Columbus foundation chief Frank Fusaro responds that Plumeri deserves the honor and, citing the foundation's long history with the event, adds that if any other Italian-American organizations are feeling left out, "let them run their own parade."

Iaconis tells us, "I'm not here to undermine Columbus Day. I just want to make it more democratized."

He says it's time for other Italian-American organizations  to "play a part in the choice of grand marshal, the line of march, the floats and other key decisions."

"We are marginalized," says Iaconis.

According to the Italic Institute chief, a parade honoring "the admiral of the ocean sea should not be a revenue stream or a membership drive" for the Columbus Club.

As he points out, the foundation makes quite a bit of money selling sponsorships connected to the parade and the foundation's annual gala dinner, which takes place Monday night at the Waldorf-Astoria.

Fusaro responds that "every nickel and dime" that the foundation makes "goes to our scholarship program," which helps some 550 students and other programs that promote Italian culture and language.

Fusaro also calls Plumeri, who's the CEO of Willis Group Holdings, "one of the most philanthropic guys in the world" and says he's the right man for the job.

He also says that "every year," someone complains about the foundation's organization of the event. "I think we do a pretty good job running the parade," Fusaro says. "I'm very proud of what we do and as far as I'm concerned, we're an open book."

The Columbus Day parade is scheduled to begin at 11:30 a.m. and head  up Fifth Ave. from 47th to 72nd Sts.

The festivities will be broadcast on WABC-TV.

Previous grand marshals have included CNBC's Maria Bartiromo and venture capitalist Kenneth Langone.

Contact Gatecrasher:
Frank DiGiacomo: fdigiacomo@nydailynews.com
Carson Griffith: cgriffith@nydailynews.com
Adam Caparell: acaparell@nydailynews.com

http://www.nydailynews.com/gossip/2011/10/10/
2011-10-10_chairman_of_italic_institute_of_america_
disagrees_with_leadership_of_nycs_columb.html
 
 
 
 

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