mmm disagree somewhat MAE is down over 70% where the ASX is down...

mmm disagree somewhat MAE is down over 70% where the ASX is down 40% and co's like BHP down 5-10% but hey its was always a spec stock.

As for no one seeing this coming I thinks thats not all true either many people eg. university professors were warning about non specific risk before the crunch I think you could sum it up with No fund managers, financial advisors , wall st bankers saw it coming because they all made their money of the bubble. IMO most 99% of financial advisors are frauds as they get paid commissions for signing up people to funds and investments they show you a brochure with a pretty little graph and are basically salesmen. I only trust opinion of people who are unbiased because they dont have a conflict of interest. EG people who study economics but dont get involved with it.