After ratting on his pals for insider trading, former Goldman analyst David Pajcin decided to hightail it out of town. (Most likely to his native Croatia, although we doubt he’s holed up with his underwear seamstress aunt.) But if authorities can find him, and you know the crack investigators at the SEC will, Pajcin will owe the government $28 million, according to a judgement handed down by U.S. District Judge Kimba Wood late yesterday.

Pajcin [left] must have thought someone was about to whack him because, had he stayed in the country, he could have paid $6.7 million and served no jail time. His ballroom dancing cohort Eugene Plotkin, however, is serving a 57 month prison term.

Back in 2006, the two ex-Goldman analysts were busted for trading stocks based on, among other things, prepublication copies of BusinessWeek magazine’s “Inside Wall Street” column and information leaked from a grand-jury probe involving Bristol-Myers Squibb. The scheme also employed a New Jersey mailman, an ex-Merrill Lynch analyst and a Wisconsin printing plant worker. Pajcin’s Croatian aunt also helped him trade the stocks through her brokerage account.

If you come across Pajcin, call the SEC. Or just post something on a porn website and they’ll probably find it.

Comments (20)

  1. Posted by Anonymous | June 3, 2010 at 11:03 AM

    “Or just post something on a porn website and they’ll probably find it”.

    Nicely Done!

  2. Posted by Arthritis in My Pocket | June 3, 2010 at 11:05 AM

    Kouwe, this was good! The hills are alive!

  3. Posted by Anonymous | June 3, 2010 at 11:07 AM

    In Croatia, SEC come to you.

  4. Posted by Anonymous | June 3, 2010 at 11:14 AM

    Kouwe, I’m one of your most abusive detractors, but this was great.
    Keep this up, add one or two more funny tags and you’re golden!

    P.S.

    10,324.2

  5. Posted by Anonymous | June 3, 2010 at 11:14 AM

    Almost mistook this for a BL post. Snark, embarrassing photo, relevant links? More of this, KowKow.

  6. Posted by Anonymous | June 3, 2010 at 11:15 AM

    theres something about this post that makes me not want to punch you in the face

  7. Posted by Anonymous | June 3, 2010 at 11:16 AM

    Should’ve tagged it with ‘SEC Batpornsignal’.

  8. Posted by Anonymous | June 3, 2010 at 11:33 AM

    I was pulling for you and it was beautiful but “UUGGHHH!!” you lifted your foot. You lifted your foot!!! ARRGGHH!!!! It would have been perfect but you lifted your foot!!!

    ~Carrie Ann Inaba

  9. Posted by Canadian Banker | June 3, 2010 at 11:38 AM

    Pajcin = OptionsTrader?

  10. Posted by Anonymous | June 3, 2010 at 11:39 AM

    Mandy Drury looks hot as hell today

  11. Posted by Anonymous | June 3, 2010 at 11:54 AM

    ZACKY!! YOU DID IT!! You’re so grown up now. Keep this up and I’ll stop setting fire to the voodoo doll i have of you.

  12. Posted by Anonymous | June 3, 2010 at 11:59 AM

    We all know that Kouwe’s next post is going to seriously suck, right?

  13. Posted by Anonymous | June 3, 2010 at 12:05 PM

    I was just able to get “logged in” as Zach!! How was that possible? And all those little red edit thingies were there? Tell your IT person that I’m not Zach and there’s a bug that might need fixin pronto.

  14. Posted by Anonymous | June 3, 2010 at 12:12 PM

    @12, go back to your Bloomberg

  15. Posted by guest | June 3, 2010 at 12:21 PM

    3 – more like, in Croatia, it’s impossible to find indicted war criminals, not to mention a two-bit inside trader.

  16. Posted by Anonymous | June 3, 2010 at 1:00 PM

    ZK stop looking at porn.

    - Bess

  17. Posted by Anonymous | June 3, 2010 at 1:03 PM

    $28 million in tax revenue = not relevant, unless it will buy a mile long cork. BHO

  18. Posted by guest | June 3, 2010 at 1:51 PM

    Uhhhhh….Suckers……Obviously Bess wrote this one. Kouwe you plagerizing mofo!!!!!

  19. Posted by volatilitysmile | June 3, 2010 at 3:17 PM

    Am I the only one turned on right now? Can’t think because my … oh well, you get the idea. “Slavs in Singlets – Sling it Hard LXIX”.

  20. Posted by Derivative Deviant | June 4, 2010 at 3:51 AM

    whats the bounty on his head? I know “some people” in that part of the world who could find the “little snitch” and deliver him to a US airport of choice….for a price.

    He wont be hard to find, either his CV will be sitting on a dozen Croatian banks HR desks, or he will start up some Financial Advisory in the region. Ex GS drop outs always do, and he’ll play on the GS part being on his CV thinking ignorant Croatian firms wont bother checking…

    Lemme know and I’ll geddit done.

    - Tony Soprano

Leave a comment

You can log in with your account or comment as a guest below.