After Irace got his termination papers in June from JPMorgan Chase, he called “Brother K.”
Brother Kenneth Hoagland, the principal at Kellenberg, a private Catholic institution, taught Irace at Chaminade High School in Mineola, New York.
Hoagland called Irace in for an interview in August, when he needed a replacement for a math instructor on leave. A month later, the former trader was teaching quadratic equations and factoring to freshmen in five 40-minute periods of algebra a day. He enrolled in refresher math classes at Nassau Community College, sometimes learning subjects a day or two ahead of the kids. This semester, he’s teaching sixth-graders measurements and percentages.
Seated at wooden desks, 21 to 39 in each class, they get excited when he flashes the animated math adventures of a robot named Moby onto a classroom projector. After school, Irace, now 198 pounds (90 kilograms), puts a whistle on a yellow cord around his neck and runs girls through conditioning drills as an assistant coach for the lacrosse team. The extra coaching stipend runs $1,000 to $2,000 for the season.