CDS ratings

From this Bloomberg article, I thought it would be interesting to see a list of companies with their CDS prices, which shows how the market is pricing their relative risk to a debt default.

Markit LCDX index 84.50 % Leveraged US loans.
GM 67.00 %
AIG 42.00 % Upfront, plus 5 % per year to protect 100 %.
Citadel
Investment Group		 30.00 % A hedge fund.
Markit iTraxx Crossover Index 8.75 % Mostly European high-yield, high-risk companies.
Contracts on Peabody Energy 6.40 % Largest US coal miner.
New York Times 6.00 %
Renault 5.25 %
Peugeot 5.10 %
Volvo 4.59 %
Alcoa 2.25 %
UPS 2.25 %
Bayer 1.34 %

In other words, if I wanted to insure $10 million of General Motor’s debt, I would have to pay upfront $6.7 million, plus a yearly premium, in the order of $800,000.