  It is well known that the thermodynamics of certain near-extremal black holes
in asymptotically flat space can be lifted to an effective string description
created from the intersection of D-branes. In this paper we present evidence
that the semiclassical thermodynamics of near-extremal R-charged black holes in
AdS(5)xS(5) is described in a similar manner by effective strings created from
the intersection of giant gravitons on the S(5). We also present a free fermion
description of the supersymmetric limit of the one-charge black hole, and we
give a crude catalog of the microstates of the two and three-charge black holes
in terms of operators in the dual conformal field theory.
