I think some questions have to be asked about how risks are mitigated since AIG appears to have a 400bln$ portfolio of CDSs and looks to have been hours from th

I think some questions have to be asked about how risks are mitigated since AIG appears to have a 400bln$ portfolio of CDSs and looks to have been hours from the brink of potentially passing that risk back down through the system. The counterparties of AIG's CDS must be mightily relieved.