One More Trader On the Run

Another rogue Wall Streeter is on the lam: "Ex-Credit Suisse trader and Bulgarian national Julian Tzolov was declared a fugitive by the U.S. government on Friday, three weeks before his trial for fraud related to subprime mortgages and auction rate securities. A document filed in U.S. District Court in Brooklyn said Tzolov, who was under house arrest and electronic monitoring, left his home on May 9 without permission of authorities."

The same authorities now say they're conducting an "extensive effort" to find him. Naturally, we'd recommend the feds think about focusing these "efforts" on Bulgaria. We're going to take a wild guess and assume that Tzolov missed the news that Bulgaria and the U.S. signed a brand new—and very comprehensive!—extradition treaty just two weeks ago.

US declares ex-CS trader due for trial a fugitive [Reuters via Dealbreaker]
The US and Bulgaria Modernize Bilateral Extradition Treaty [usembassy.gov]