A.I.G. is next in line.

Holy Balls.  After bad bets and panicy markets took down venerable Lehman Bros, is seems A.I.G. is the next in line to be ravaged by the demands of investors panicing over the saftey of their investments.  If A.I.G.’s credit rating is downgraded, as expected, it will trigger a whole slew of options in their credit default swaps, allowing investors to pull assets out of the company.  The liquidity crisis becomes a self-fulfiling prophesy.