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Guarantees and Certain Contingent Arrangements

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					Table 16: Qualifying Special Purpose Entities and Unconsolidated Variable Interest Entities Total Entity Assets by Type of Involvement

                                                                                                                                                             December 31, 2009
                                                                    Wells Fargo as sponsor or transferor                                 Third party sponsor
                                                                      Without            With                           Without           With
(in millions)                                                          power            power       Subtotal             power           power        Subtotal                Total
QSPEs
Residential mortgage loan securitizations:
  Conforming and GNMA (1)                                         $1,012,312               —       1,012,312            138,203               —        138,203          1,150,515
  Other/nonconforming                                                 91,789           19,721        111,510            138,262            2,078       140,340            251,850
Commercial mortgage securitizations                                  199,847               —         199,847            145,714               —        145,714            345,561
Other                                                                 10,946            2,367         13,313                 —                —             —              13,313
  Total QSPEs                                                     $1,314,894           22,088      1,336,982            422,179            2,078       424,257          1,761,239
Unconsolidated VIEs
Collateralized debt obligations                                   $    48,350              —          48,350               7,549              —           7,549             55,899
Wachovia administered ABCP conduit                                         —            5,160          5,160                  —               —              —               5,160
Asset-based lending structures                                          2,121              —           2,121              15,346              —          15,346             17,467
Tax credit structures                                                  27,533               4         27,537                  —               —              —              27,537
Collateralized loan obligations                                        23,830              —          23,830                  —               —              —              23,830
Investment funds (2)                                                   22,479              —          22,479              62,163              —          62,163             84,642
Other                                                                  10,225              —          10,225                  —               —              —              10,225
  Total unconsolidated VIEs                                       $ 134,538             5,164        139,702              85,058              —          85,058           224,760
(1) We have concluded that conforming mortgages are not subject to consolidation under ASU 2009-16 (FAS 166) and ASU 2009-17 (FAS 167). See the “Current Accounting
    Developments” section in this Report for our estimate of the nonconforming mortgages that may potentially be consolidated under this guidance.
(2) Includes investment funds that are subject to deferral from application of ASU 2009-17 (FAS 167).


Guarantees and Certain Contingent Arrangements                                                value guarantees and contingent consideration. Table 17
Guarantees are contracts that contingently require us to                                      presents the carrying value, maximum exposure to loss on our
make payments to a guaranteed party based on an event                                         guarantees and the amount with a higher risk of performance.
or a change in an underlying asset, liability, rate or index.                                    For more information on guarantees and certain contingent
Guarantees are generally in the form of standby letters of                                    arrangements, see Note 14 (Guarantees and Legal Actions)
credit, securities lending and other indemnifications, liquidity                              to Financial Statements in this Report.
agreements, written put options, recourse obligations, residual

Table 17: Guarantees and Certain Contingent Arrangements

                                                                                                                                                                    December 31,
                                                                                                                     2009                                                     2008
                                                                                             Maximum                Non-                              Maximum                Non-
                                                                            Carrying         exposure        investment               Carrying        exposure        investment
(in millions)                                                                  value           to loss            grade                  value           to loss           grade
Standby letters of credit                                                      $ 148             49,997            21,112                  130            47,191            17,293
Securities lending and other indemnifications                                      51             20,002             2,512                   —             30,120             1,907
Liquidity agreements (1)                                                          66              7,744                —                    30            17,602                —
Written put options (1)(2)                                                       803              8,392             3,674                1,376            10,182             5,314
Loans sold with recourse                                                          96              5,049             2,400                   53             6,126             2,038
Residual value guarantees                                                          8                197                —                    —              1,121                —
Contingent consideration                                                          11                145               102                   11               187                —
Other guarantees                                                                  —                  55                 2                   —                 38                —
  Total guarantees                                                             $1,183            91,581            29,802                1,600          112,567             26,552
(1) Certain of these agreements included in this table are related to off-balance sheet entities and, accordingly, are also disclosed in Note 8 (Securitizations and Variable
    Interest Entities) to Financial Statements in this Report.
(2) Written put options, which are in the form of derivatives, are also included in the derivative disclosures in Note 15 (Derivatives) to Financial Statements in this Report.




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