AIG will face a SEC probe over accounting practices related to their subprime mortgage exposure.  It seems as if it will be investigated as to whether or not the firm inflated the value of their contracts linked to subprime mortgages.  As much of the subprime fallout hit, Wall St. pundits remained impressed with AIG’s ability to remain insulated from write-downs and their seemingly low exposure.  It isn’t even two years after AIG settled another accounting scandal which cost the firm $1.6 billion.