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Consolidated Condensed Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net income/(loss) $ (59,877) $ 104,818
Adjustments to reconcile net income/(loss) to net cash provided/(used) by operating activities:    
Provision for loan losses 63,000 34,000
Provision/(benefit) for deferred income tax (83,807) 21,953
Depreciation and amortization of premises and equipment 26,320 26,042
Amortization of intangible assets 2,931 3,380
Net other amortization and accretion 59,161 36,333
Net (increase)/decrease in derivatives (11,635) 9,098
Market value adjustment on mortgage servicing rights 4,541 38,157
Repurchase and foreclosure provision 299,256 114,557
Fair value adjustment to foreclosed real estate 7,873 14,001
Goodwill impairment 0 10,100
Loss accruals from litigation and regulatory matters 29,013 40,585
(Gain)/losses on divestitures (485) (10,177) [1]
Stock-based compensation expense 12,398 9,514
Tax benefit reversals stock-based compensation plans 3,946 928
Equity securities (gains)/losses, net (5,065) (35,189)
Debt securities gains, net (328) (772)
Gains on extinguishment of debt 0 (5,761)
Net (gain)/losses on sale/disposal of fixed assets (2,432) 10
Net (increase)/decrease in:    
Trading securities (223,064) (463,652)
Loans held-for-sale 3,347 (10,858)
Capital markets receivables (626,203) (375,107)
Interest receivable (6,256) (6,717)
Other assets 211,679 (13,677)
Net increase/(decrease) in:    
Capital markets payables 409,493 443,658
Interest payable 12,684 6,693
Other liabilities (183,736) (137,157)
Trading liabilities 169,685 109,200
Total adjustments 172,316 (140,858)
Net cash provided/(used) by operating activities 112,439 (36,040)
Investing Activities    
Sales 47,493 493,591
Maturities 758,573 558,462
Purchases (870,973) (1,261,130)
Premises and equipment:    
Purchases (14,826) (30,669)
Sales 6,845 0
Net (increase)/decrease in:    
Loans (291,042) 306,204
Interests retained from securitizations classified as trading securities 6,915 6,205
Interest-bearing cash 11,940 159,202
Cash receipts related to divestitures 5,278 24,594
Net cash provided/(used) by investing activities (339,797) 256,459
Financing Activities    
Cash dividends paid (7,604) (5,333)
Repurchase of shares (98,902) [2] (920)
Repurchase of common stock warrant-CPP 0 (79,700)
Tax benefit reversals stock-based compensation plans (3,946) (928)
Stock option exercised 133 0
Cash dividends paid-preferred stock-noncontrolling interest (8,531) (8,500)
Term borrowings:    
Payments/maturities (208,637) (662,646)
Increases in restricted term borrowings 5,622 9,797
Net cash paid for extinguishment of debt 0 (100,000)
Net increase/(decrease) in:    
Deposits 15,102 490,024
Short-term borrowings 591,532 428,308
Net cash provided/(used) by financing activities 284,769 70,102
Net increase/(decrease) in cash and cash equivalents 57,411 290,521
Cash and cash equivalents at beginning of period 828,255 768,774
Cash and cash equivalents at end of period 885,666 1,059,295
Supplemental Disclosures    
Total interest paid 71,535 93,605
Total taxes paid 34,560 14,543
Total taxes refunded 168,391 81,235
Transfer from loans to other real estate owned $ 25,986 $ 50,063
[1] Net of tax, gains on divestitures are $9.9 million for 2011.
[2] 2012 includes $96.4 million repurchased under the share repurchase program launched in fourth quarter 2011.