XML 125 R92.htm IDEA: XBRL DOCUMENT v2.4.0.6
Financial Guaranty Contracts Accounted for as Credit Derivatives (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Financial Guaranty Contracts Accounted for as Credit Derivatives    
Estimated remaining weighted average life of credit derivatives (in years) 3 years 8 months 12 days 4 years 3 months 18 days
Net par of terminated CDS transactions $ 2,300,000,000 $ 11,500,000,000
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 70,781,000,000 85,047,000,000
Original Subordination (as a percent) 0.00% [1]  
Current Subordination (as a percent) 0.00% [1] 0.00% [1]
Proceeds from Termination of Financial Guaranty Contracts Accounted for as Credit Derivatives 3,000,000 25,000,000
Pooled Corporate Obligations [Member]
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 50,120,000,000 61,073,000,000
Original Subordination (as a percent) 31.70% [1] 31.20% [1]
Current Subordination (as a percent) 30.40% [1] 28.90% [1]
Collateralized loan obligation/collateral bond obligations
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 29,142,000,000 34,567,000,000
Original Subordination (as a percent) 32.80% [1] 32.60% [1]
Current Subordination (as a percent) 33.30% [1] 32.00% [1]
Synthetic investment grade pooled corporate
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 9,658,000,000 12,393,000,000
Original Subordination (as a percent) 21.60% [1] 20.40% [1]
Current Subordination (as a percent) 19.70% [1] 18.70% [1]
Synthetic high yield pooled corporate
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 3,626,000,000 5,049,000,000
Original Subordination (as a percent) 35.00% [1] 35.70% [1]
Current Subordination (as a percent) 30.30% [1] 30.30% [1]
Trust Preferred Securities Collateralized Debt Obligations [Member]
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 4,099,000,000 4,518,000,000
Original Subordination (as a percent) 46.50% [1] 46.60% [1]
Current Subordination (as a percent) 32.70% [1] 31.90% [1]
Market value collateralized debt obligations of corporate obligations
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 3,595,000,000 4,546,000,000
Original Subordination (as a percent) 30.10% [1] 30.60% [1]
Current Subordination (as a percent) 32.00% [1] 28.90% [1]
Maximum average obligor size (as a percent) 1.00%  
Maximum exposure of one industry (as a percent) 10.00%  
Other Pooled Infrastructure Transactions [Member]
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 3,200,000,000  
U.S. RMBS
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 7,257,000,000 8,532,000,000
Original Subordination (as a percent) 24.20% [1],[2] 24.10% [1]
Current Subordination (as a percent) 30.40% [1],[2] 32.20% [1]
Option ARM and Alt-A first lien
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 3,381,000,000 4,060,000,000
Original Subordination (as a percent) 20.20% [1] 19.60% [1]
Current Subordination (as a percent) 10.40% [1] 13.60% [1]
Subprime first lien
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 3,494,000,000 4,012,000,000
Original Subordination (as a percent) 29.80% [1] 30.10% [1]
Current Subordination (as a percent) 52.60% [1] 53.90% [1]
Prime first lien
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 333,000,000 398,000,000
Original Subordination (as a percent) 10.90% [1] 10.90% [1]
Current Subordination (as a percent) 5.20% [1] 8.40% [1]
Closed end second lien and HELOCs
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 49,000,000 62,000,000
Original Subordination (as a percent)   0.00% [1]
CMBS
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 4,094,000,000 4,612,000,000
Original Subordination (as a percent) 33.30% [1] 32.60% [1]
Current Subordination (as a percent) 41.80% [1] 38.90% [1]
Other
   
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 9,310,000,000 10,830,000,000
Pooled Infrastructure Transactions [Member]
   
Net Par Outstanding on Credit Derivatives    
Number of transactions 3  
Remaining other CDS
   
Financial Guaranty Contracts Accounted for as Credit Derivatives    
Financial Guaranty Contracts Accounted For As Credit Derivatives Outstanding PrincipalAmount Rated BIG 983,000,000  
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 6,100,000,000  
[1] Represents the sum of subordinate tranches and over-collateralization and does not include any benefit from excess interest collections that may be used to absorb losses.
[2] Represents the sum of subordinate tranches and overcollateralization and does not include any benefit from excess interest collections that may be used to absorb losses.