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.