labrador I understand your position, with the exception of the Russian deal gone bad. Consider how many of the currently listed AMEX issues that have, over the last few years, had a deal go bad. This was a very large deal so possibly multiple check marks are placed against the company, instead of just one for a smaller deal going bad.
As a President used to say, let's reason together on this, is it reasonable to to increase the penalty to fit the size of the deal?
Yes it generated a lot of publicity for both GTE and AMEX, both good and bad. So if delisting can be accomplished due to embarrassing the exchange I believe they could successfully get it done. Isn't it interesting that embarrassing the exchange isn't one of the charges?