Although AIG suffered significant losses on credit default swaps (CDS) that it sold, it was not a dominant player in the CDS market.

Name: Although AIG suffered significant losses on credit default swaps (CDS) that it sold, it was not a dominant player in the CDS market.
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AIG was actually a dominant player in the CDS market at the time of its financial troubles. Its exposure to CDS losses was a major factor in its need for a government bailout.

Although AIG Suffered Significant Losses on Credit Default Swaps (CDS)