BS, it means that "big boys" lost their big asses even BIGGER!
Its just dumb management after even dumber management. Fist of the company was totally Raped sideways by Greenberg, then you can bet government scumbags and buddies of Paulson had their interests, no AIG in mind, and finally they hire some Scientology Dude Liddy who Raped over Allstate to come in "temporarily" to screw over AIG with no personal stake in the outcome.
Its a mess and will likely have to go the way of GM. They will arrange a Bankrupcy, but give the Government a sweet deal while getting rid of all other sharholders. Just watch!