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Consolidated Condensed Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net income/(loss) $ (88,559) $ 65,838
Adjustments to reconcile net income/(loss) to net cash provided/(used) by operating activities:    
Provision for loan losses 23,000 2,000
Provision/(benefit) for deferred income tax (78,906) 27,290
Depreciation and amortization of premises and equipment 17,395 17,166
Amortization of intangible assets 1,952 2,368
Net other amortization and accretion 39,213 25,021
Net (increase)/decrease in derivatives (5,504) (126)
Market value adjustment on mortgage servicing rights 2,443 7,359
Repurchase and foreclosure provision 299,256 61,767
Fair value adjustment to foreclosed real estate 9,392 9,651
Goodwill impairment 0 10,100
Loss accruals from litigation and regulatory matters 22,253 40,585
(Gain)/Losses On Divestitures (485) (753) [1]
Stock-based compensation expense 8,084 5,147
Tax benefit reversals stock-based compensation plans 2,743 0
Equity securities (gains)/losses, net (5,065) (27)
Debt securities gains, net (328) (772)
Gains on extinguishment of debt 0 (5,761)
Net (gain)/losses on sale/disposal of fixed assets (1,466) 152
Net (increase)/decrease in:    
Trading securities (378,719) (430,692)
Loans held-for-sale (10,154) (22,642)
Capital markets receivables (212,509) (479,152)
Interest receivable 2,828 3,305
Other assets 9,216 (42,243)
Net increase/(decrease) in:    
Capital markets payables 38,840 399,487
Interest payable (572) (4,712)
Other liabilities (128,945) (124,797)
Trading liabilities 123,346 136,995
Total adjustments (222,692) (363,284)
Net cash provided/(used) by operating activities (311,251) (297,446)
Investing Activities    
Sales 47,493 458,414
Maturities 466,773 410,961
Purchases (718,178) (1,049,026)
Premises and equipment:    
Purchases (8,565) (25,543)
Net (increase)/decrease in:    
Loans 127,933 596,708
Interests retained from securitizations classified as trading securities 5,219 4,062
Interest-bearing cash (31,574) 254,298
Cash Receipts Or Payments Related To Divestitures (2,278) (16,368)
Net cash provided/(used) by investing activities (108,621) 666,242
Financing Activities    
Cash dividends paid (5,137) (2,712)
Repurchase of shares (83,946) [2] (887)
Repurchase of common stock warrant-CPP 0 (79,700)
Tax benefit reversals stock-based compensation plans (2,743) 0
Stock option exercised 8 0
Cash dividends paid-preferred stock-noncontrolling interest (5,688) (5,556)
Term borrowings:    
Payments/maturities (176,948) (625,203)
Increases in restricted term borrowings 2,505 1,850
Net cash paid for extinguishment of debt 0 (100,000)
Net increase/(decrease) in:    
Deposits (95,566) 687,796
Short-term borrowings 815,567 (101,742)
Net cash provided/(used) by financing activities 448,052 (226,154)
Net increase/(decrease) in cash and cash equivalents 28,180 142,642
Cash and cash equivalents at beginning of period 828,255 768,774
Cash and cash equivalents at end of period 856,435 911,416
Supplemental Disclosures    
Total interest paid 57,915 73,144
Total taxes paid 34,330 12,493
Total taxes refunded 637 52
Transfer from loans to other real estate owned $ 18,336 $ 33,118
[1] Net of tax, gains on divestitures are $4.2 million for 2011.
[2] 2012 includes $81.4 million repurchased under the share repurchase program launched in fourth quarter 2011.