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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details 2) (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Dec. 31, 2011
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding $ 83,002,000,000   $ 85,047,000,000
Percentage of total 100.00%   100.00%
Unrealized Gain (Loss) (633,758,000) (271,636,000)  
U.S. RMBS
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 8,319,000,000   8,532,000,000
Original Subordination (as a percent) 23.50%   24.10%
Current Subordination (as a percent) 31.80%   32.20%
Unrealized Gain (Loss) (629,400,000) (290,800,000)  
U.S. RMBS | 2004 and Prior
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 140,000,000    
Original Subordination (as a percent) 6.40%    
Current Subordination (as a percent) 19.40%    
Unrealized Gain (Loss) (1,500,000)    
U.S. RMBS | 2005
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 2,444,000,000    
Original Subordination (as a percent) 30.60%    
Current Subordination (as a percent) 65.30%    
Unrealized Gain (Loss) (5,700,000)    
U.S. RMBS | 2006
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 1,621,000,000    
Original Subordination (as a percent) 29.40%    
Current Subordination (as a percent) 35.50%    
Unrealized Gain (Loss) (33,400,000)    
U.S. RMBS | 2007
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 4,114,000,000    
Original Subordination (as a percent) 17.50%    
Current Subordination (as a percent) 10.80%    
Unrealized Gain (Loss) (588,800,000)    
CMBS
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 4,410,000,000   4,612,000,000
Original Subordination (as a percent) 33.50%   32.60%
Current Subordination (as a percent) 40.30%   38.90%
Unrealized Gain (Loss) 200,000 700,000  
CMBS | 2004 and Prior
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 144,000,000    
Original Subordination (as a percent) 28.20%    
Current Subordination (as a percent) 59.20%    
Unrealized Gain (Loss) (100,000)    
CMBS | 2005
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 672,000,000    
Original Subordination (as a percent) 17.90%    
Current Subordination (as a percent) 33.90%    
Unrealized Gain (Loss) (100,000)    
CMBS | 2006
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 2,104,000,000    
Original Subordination (as a percent) 33.90%    
Current Subordination (as a percent) 39.80%    
Unrealized Gain (Loss) 500,000    
CMBS | 2007
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 1,490,000,000    
Original Subordination (as a percent) 40.50%    
Current Subordination (as a percent) 42.20%    
Unrealized Gain (Loss) (100,000)    
Super senior
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 20,787,000,000   21,802,000,000
Percentage of total 25.00%   25.60%
AAA
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 40,099,000,000   40,240,000,000
Percentage of total 48.30%   47.30%
AA
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 3,617,000,000   4,084,000,000
Percentage of total 4.40%   4.80%
A
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 5,906,000,000   5,830,000,000
Percentage of total 7.10%   6.90%
BBB
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding 5,114,000,000   5,030,000,000
Percentage of total 6.20%   5.90%
Below investment grade ("BIG")
     
Distribution of Credit Derivative Net Par Outstanding      
Net Par Outstanding $ 7,479,000,000   $ 8,061,000,000
Percentage of total 9.00%   9.50%