Geohot Recruited to Google Security Team Project Zero as Paid Intern
cultofandroid.com
cultofandroid.com
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And no, the rest are not interns.
This is not Microsoft that got rid of their Peer Review system to make people feel good about things rather than pushing them to be individual contributors.
No, the label intern is so they can be rid of them when they are done with them, and to make sure that there is no doubts about which way trade secrets and IP flow. This is a way of saying "You can't build anything we don't own, and you can't learn anything from us that we don't authorize you to."
Ironically, no matter how hard Project Zero works we are probably all subject to the biggest security hole of all, a backdoor to US Government, that encompasses not only software but hardware components.
Note: Apologies for not linking to the source, Wired http://www.wired.com/2014/07/google-project-zero/
Google isn't a bad place for a software security person to work. They have one of the best teams in the industry. It is very unlikely that they're trying to insult the guy.