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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details) (USD $)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2012
Jun. 30, 2012
Dec. 31, 2011
Financial Guaranty Contracts Accounted for as Credit Derivatives      
Estimated remaining weighted average life of credit derivatives (in years) 3 years 10 months 24 days   4 years 3 months 18 days
Net par of terminated CDS transactions $ 600,000,000 $ 800,000,000  
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 78,443,000,000 78,443,000,000 85,047,000,000
Original Subordination (as a percent) 0.00% [1] 0.00% [1]  
Current Subordination (as a percent) 0.00% [1] 0.00% [1] 0.00% [1]
Pooled corporate obligations
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 55,791,000,000 55,791,000,000 61,073,000,000
Original Subordination (as a percent) 32.10% [1] 32.10% [1] 31.20% [1]
Current Subordination (as a percent) 29.60% [1] 29.60% [1] 28.90% [1]
Collateralized loan obligation/collateral bond obligations
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 32,210,000,000 32,210,000,000 34,567,000,000
Original Subordination (as a percent) 33.10% [1] 33.10% [1] 32.60% [1]
Current Subordination (as a percent) 32.70% [1] 32.70% [1] 32.00% [1]
Synthetic investment grade pooled corporate
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 10,453,000,000 10,453,000,000 12,393,000,000
Original Subordination (as a percent) 20.90% [1] 20.90% [1] 20.40% [1]
Current Subordination (as a percent) 19.00% [1] 19.00% [1] 18.70% [1]
Synthetic high yield pooled corporate
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 4,898,000,000 4,898,000,000 5,049,000,000
Original Subordination (as a percent) 35.40% [1] 35.40% [1] 35.70% [1]
Current Subordination (as a percent) 30.30% [1] 30.30% [1] 30.30% [1]
Trust Preferred Securities Collateralized Debt Obligations [Member]
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 4,319,000,000 4,319,000,000 4,518,000,000
Original Subordination (as a percent) 46.50% [1] 46.50% [1] 46.60% [1]
Current Subordination (as a percent) 31.90% [1] 31.90% [1] 31.90% [1]
Market value collateralized debt obligations of corporate obligations
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 3,911,000,000 3,911,000,000 4,546,000,000
Original Subordination (as a percent) 33.00% [1] 33.00% [1] 30.60% [1]
Current Subordination (as a percent) 28.50% [1] 28.50% [1] 28.90% [1]
Maximum average obligor size (as a percent) 1.00% 1.00%  
Maximum exposure of one industry (as a percent) 10.00% 10.00%  
U.S. RMBS
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 7,902,000,000 7,902,000,000 8,532,000,000
Original Subordination (as a percent) 24.10% [1],[2] 24.10% [1],[2] 24.10% [1]
Current Subordination (as a percent) 31.50% [1],[2] 31.50% [1],[2] 32.20% [1]
Option ARM and Alt-A first lien
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 3,701,000,000 3,701,000,000 4,060,000,000
Original Subordination (as a percent) 20.10% [1] 20.10% [1] 19.60% [1]
Current Subordination (as a percent) 11.80% [1] 11.80% [1] 13.60% [1]
Subprime
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 3,778,000,000 3,778,000,000 4,012,000,000
Original Subordination (as a percent) 29.60% [1] 29.60% [1] 30.10% [1]
Current Subordination (as a percent) 53.60% [1] 53.60% [1] 53.90% [1]
Prime first lien
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 367,000,000 367,000,000 398,000,000
Original Subordination (as a percent) 10.90% [1] 10.90% [1] 10.90% [1]
Current Subordination (as a percent) 7.10% [1] 7.10% [1] 8.40% [1]
Closed end second lien and HELOCs
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 56,000,000 56,000,000 62,000,000
Original Subordination (as a percent)     0.00% [1]
CMBS
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 4,270,000,000 4,270,000,000 4,612,000,000
Original Subordination (as a percent) 33.50% [1],[2] 33.50% [1],[2] 32.60% [1]
Current Subordination (as a percent) 41.00% [1],[2] 41.00% [1],[2] 38.90% [1]
Other
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 10,480,000,000 10,480,000,000 10,830,000,000
Pooled infrastructure transactions
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding 7,400,000,000 7,400,000,000  
Number of transactions 3 3  
Remaining other CDS
     
Net Par Outstanding on Credit Derivatives      
Net Par Outstanding $ 3,100,000,000 $ 3,100,000,000  
[1] esents 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. E
[2] esents the sum of subordinate tranches and overcollateralization and does not include any benefit from excess interest collections that may be used to absorb losses.Cre