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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details 2) (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding $ 85,047,000,000 $ 109,771,000,000  
Percentage of total 100.00% 100.00%  
Unrealized Gain (Loss) 553,779,000 (155,106,000) (337,810,000)
U.S. RMBS
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 8,532,000,000 9,776,000,000  
Original Subordination (as a percent) 24.10% 23.10%  
Current Subordination (as a percent) 32.20% 32.40%  
Unrealized Gain (Loss) 381,300,000 (300,800,000) (498,000,000)
U.S. RMBS | 2004 and Prior
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 144,000,000    
Original Subordination (as a percent) 6.30%    
Current Subordination (as a percent) 19.40%    
U.S. RMBS | 2005
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 2,525,000,000    
Original Subordination (as a percent) 30.50%    
Current Subordination (as a percent) 64.80%    
Unrealized Gain (Loss) 800,000    
U.S. RMBS | 2006
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 1,641,000,000    
Original Subordination (as a percent) 29.30%    
Current Subordination (as a percent) 35.50%    
Unrealized Gain (Loss) 5,200,000    
U.S. RMBS | 2007
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 4,222,000,000    
Original Subordination (as a percent) 18.60%    
Current Subordination (as a percent) 11.00%    
Unrealized Gain (Loss) 375,300,000    
CMBS
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 4,612,000,000 6,751,000,000  
Original Subordination (as a percent) 32.60% 29.80%  
Current Subordination (as a percent) 38.90% 31.30%  
Unrealized Gain (Loss) 10,400,000 10,100,000 (41,100,000)
CMBS | 2004 and Prior
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 173,000,000    
Original Subordination (as a percent) 29.60%    
Current Subordination (as a percent) 57.60%    
Unrealized Gain (Loss) (200,000)    
CMBS | 2005
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 674,000,000    
Original Subordination (as a percent) 17.90%    
Current Subordination (as a percent) 32.60%    
Unrealized Gain (Loss) (100,000)    
CMBS | 2006
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 2,176,000,000    
Original Subordination (as a percent) 33.60%    
Current Subordination (as a percent) 39.10%    
Unrealized Gain (Loss) 12,100,000    
CMBS | 2007
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 1,589,000,000    
Original Subordination (as a percent) 38.00%    
Current Subordination (as a percent) 39.30%    
Unrealized Gain (Loss) (1,400,000)    
Super senior
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 21,802,000,000 29,344,000,000  
Percentage of total 25.60% 26.70%  
AAA
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 40,240,000,000 50,214,000,000  
Percentage of total 47.30% 45.70%  
AA
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 4,084,000,000 8,138,000,000  
Percentage of total 4.80% 7.40%  
A
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 5,830,000,000 7,405,000,000  
Percentage of total 6.90% 6.70%  
BBB
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 5,030,000,000 6,312,000,000  
Percentage of total 5.90% 5.80%  
Below investment grade ("BIG")
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding $ 8,061,000,000 $ 8,358,000,000  
Percentage of total 9.50% 7.70%