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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details 4) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
Credit Derivatives     
Net change in unrealized gains (losses)$ 1,155,531,000$ (276,427,000)$ 829,836,000$ 10,786,000 
Credit Derivative Asset (Liability), net(1,028,100,000) (1,028,100,000) (1,869,900,000)
Present Value of Expected Claim (Payments) Recoveries(508,500,000) (508,500,000)  
Excess of the present value of future installment fees receivable37,200,000 37,200,000  
R & W included in credit derivative asset (liability)  213,000,000  
Pooled corporate obligations
     
Credit Derivatives     
Net change in unrealized gains (losses)100,200,000(16,000,000)67,400,00063,300,000 
Credit Derivative Asset (Liability), net(20,600,000) (20,600,000)  
Present Value of Expected Claim (Payments) Recoveries(78,700,000) (78,700,000)  
CLOs/CBOs
     
Credit Derivatives     
Net change in unrealized gains (losses)13,100,000(1,400,000)11,500,0001,900,000 
Credit Derivative Asset (Liability), net200,000 200,000  
Synthetic investment grade pooled corporate
     
Credit Derivatives     
Net change in unrealized gains (losses)800,000300,00010,500,000(3,700,000) 
Credit Derivative Asset (Liability), net(29,000,000) (29,000,000)  
Synthetic high yield pooled corporate
     
Credit Derivatives     
Net change in unrealized gains (losses)(1,300,000)(2,900,000)(600,000)11,600,000 
Credit Derivative Asset (Liability), net(15,300,000) (15,300,000)  
Present Value of Expected Claim (Payments) Recoveries(6,100,000) (6,100,000)  
Trust Preferred Securities Collateralized Debt Obligations Member
     
Credit Derivatives     
Net change in unrealized gains (losses)82,500,000(11,600,000)46,200,00053,600,000 
Credit Derivative Asset (Liability), net20,300,000 20,300,000  
Present Value of Expected Claim (Payments) Recoveries(72,600,000) (72,600,000)  
Market value collateralized debt obligations of corporate obligations
     
Credit Derivatives     
Net change in unrealized gains (losses)5,100,000(400,000)(200,000)(100,000) 
Credit Derivative Asset (Liability), net3,200,000 3,200,000  
U.S. RMBS
     
Credit Derivatives     
Net change in unrealized gains (losses)999,600,000(228,800,000)657,700,000(53,900,000) 
Credit Derivative Asset (Liability), net(402,000,000) (402,000,000)  
Present Value of Expected Claim (Payments) Recoveries(327,400,000) (327,400,000)  
Option ARM and Alt-A first lien
     
Credit Derivatives     
Net change in unrealized gains (losses)780,800,000(205,100,000)541,300,000(44,600,000) 
Credit Derivative Asset (Liability), net(354,900,000) (354,900,000)  
Present Value of Expected Claim (Payments) Recoveries(219,300,000) (219,300,000)  
Subprime
     
Credit Derivatives     
Net change in unrealized gains (losses)108,600,000(8,100,000)17,300,000(7,200,000) 
Credit Derivative Asset (Liability), net(29,600,000) (29,600,000)  
Present Value of Expected Claim (Payments) Recoveries(113,800,000) (113,800,000)  
Prime first lien
     
Credit Derivatives     
Net change in unrealized gains (losses)101,900,000(17,200,000)89,700,0002,200,000 
Credit Derivative Asset (Liability), net(1,500,000) (1,500,000)  
Closed end second lien and HELOCs
     
Credit Derivatives     
Net change in unrealized gains (losses)8,300,0001,600,0009,400,000(4,300,000) 
Credit Derivative Asset (Liability), net(16,000,000) (16,000,000)  
Present Value of Expected Claim (Payments) Recoveries5,700,000 5,700,000  
CMBS
     
Credit Derivatives     
Net change in unrealized gains (losses)(200,000)400,00010,300,00010,200,000 
Credit Derivative Asset (Liability), net(4,800,000) (4,800,000)  
Other:
     
Credit Derivatives     
Net change in unrealized gains (losses)55,900,000(32,000,000)94,400,000(8,800,000) 
Credit Derivative Asset (Liability), net(600,700,000) (600,700,000)  
Present Value of Expected Claim (Payments) Recoveries$ (102,400,000) $ (102,400,000)