Penn grad Zachary Michaelson lands on the cover of Trader Monthly's "Top 30 Under 30" edition this month (link goes to companion website, Trader Daily).  Which is cool for Zach, but pretty sucky for Trader Monthly, seeing how their cover boy was already out of his job at Fortress Investment by the issue's debut.

Actually, it's not that cool for Zach, either.  (Did you really think he'd get off so easily?) Now he's the laughingstock of Wall Street blog DealBreaker, where former co-workers are dishing on how "totally full of it" the alleged wunderkind was.  Some claim Michaelson never even held the position "portfolio manager."  Then again, his CNBC interview billed him "global portfolio manager specializing correlation modeling seeking trades that are at once global, macro, and relative value," so the two-word title is a sin of omission, if anything.  DealBreaker readers have already christened Zach the next Aleksey Vayner.  Impossible is nothing?  Or a ridiculously ill-timed job loss, paired with the modicum of tool-itude we have come to expect from basically everyone on Wall Street -- especially the young hot ones?

We were inclined towards the latter and willing to give Zach a break.  But then one of his Kappa Sigma brothers from Penn wrote in:

He was... kicked out of the house for trying to start a fight with his roommate with a hammer because his roommate was smoking in the room.  When his roommate pushed him away, Michaelson called the police.  He also threatened to expose violations by the House if we didn't let him live in the chapter house.

Silly boy -- homoerotic frat fights are for paddles, not hammers!  Sources conflict as to whether Michaelson was kicked out, or quit as soon as he realized he could not secure the 5 (out of about 40) votes necessary to maintain house residency.  We're still wondering how assault with a deadly weapon and the threat of blackmail amounted to the support of a single Kappa Sig (apparently there were three).

View Michaelson's CNBC interview and more "Top 30 Under 30" tidbits, after the jump.

Read the rest of this entry »