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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details) (USD $)
3 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Mar. 31, 2012
Financial Guaranty Contracts Accounted for as Credit Derivatives      
Estimated remaining weighted average life of credit derivatives (in years) 3 years 8 months 12 days 3 years 8 months 12 days  
Net par of terminated CDS transactions $ 1,000,000,000   $ 200,000,000
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 65,900,000,000 70,781,000,000  
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 1,000,000   0
Pooled Corporate Obligations [Member]
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 46,239,000,000 50,120,000,000  
Original Subordination (as a percent) 31.90% [1] 31.70% [1]  
Current Subordination (as a percent) 31.20% [1] 30.40% [1]  
Collateralized loan obligation/collateral bond obligations
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 26,342,000,000 29,142,000,000  
Original Subordination (as a percent) 32.30% [1] 32.80% [1]  
Current Subordination (as a percent) 34.00% [1] 33.30% [1]  
Synthetic investment grade pooled corporate
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 9,592,000,000 9,658,000,000  
Original Subordination (as a percent) 21.60% [1] 21.60% [1]  
Current Subordination (as a percent) 19.70% [1] 19.70% [1]  
Synthetic high yield pooled corporate
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 2,690,000,000 3,626,000,000  
Original Subordination (as a percent) 47.20% [1] 35.00% [1]  
Current Subordination (as a percent) 41.10% [1] 30.30% [1]  
Trust Preferred Securities Collateralized Debt Obligations
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 3,967,000,000 4,099,000,000  
Original Subordination (as a percent) 46.40% [1] 46.50% [1]  
Current Subordination (as a percent) 33.40% [1] 32.70% [1]  
Market value collateralized debt obligations of corporate obligations
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 3,648,000,000 3,595,000,000  
Original Subordination (as a percent) 29.70% [1] 30.10% [1]  
Current Subordination (as a percent) 31.70% [1] 32.00% [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 3,100,000,000    
U.S. RMBS
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 6,984,000,000 7,257,000,000  
Original Subordination (as a percent) 24.20% [1],[2] 24.20% [1]  
Current Subordination (as a percent) 30.20% [1],[2] 30.40% [1]  
Option ARM and Alt-A first lien
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 3,259,000,000 3,381,000,000  
Original Subordination (as a percent) 20.10% [1] 20.20% [1]  
Current Subordination (as a percent) 10.20% [1] 10.40% [1]  
Subprime first lien
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 3,360,000,000 3,494,000,000  
Original Subordination (as a percent) 29.90% [1] 29.80% [1]  
Current Subordination (as a percent) 52.50% [1] 52.60% [1]  
Prime first lien
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 318,000,000 333,000,000  
Original Subordination (as a percent) 10.90% [1] 10.90% [1]  
Current Subordination (as a percent) 5.20% [1] 5.20% [1]  
Closed end second lien and HELOCs
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 47,000,000 49,000,000  
Original Subordination (as a percent)   0.00% [1]  
CMBS
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 3,983,000,000 4,094,000,000  
Original Subordination (as a percent) 33.30% [1] 33.30% [1]  
Current Subordination (as a percent) 42.00% [1] 41.80% [1]  
Other
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 8,694,000,000 9,310,000,000  
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 717,000,000    
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding $ 5,600,000,000    
[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.