S_O_G You didn't see where the brand new president of a tranished exchange was attempting to clean up the image at just about this time? The announcement by GlobeTel about the Russian agreement and the subsequent stepping over the testing of the strat was just too much for them to live with, so they killed GTE. It was easy to do. But if their charges had been true about the violations of the Securities Exchange Act of 1934 occurring it would have been easy for the SEC to prosecute GlobeTel, after all the research had been done by the AMEX; or had it? The remainder of the charges were subjective, but embarrassing to the AMEX, so they rendered a homer decision and punted to the SEC.
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