I think investors realize a 2002 restatement is immaterial to 2005 and 2006. In the end today's balance sheet is pretty intact and bore to brunt of the worst natural disasters in a generation and is poised to move forward.
When the cc comes shorts better be gone. I think we have beaten back the wolves... I got in at $56 and it has been a rough and tumble ride here to be sure. But today's price action seems to show that all the sellers of AIG are gone.