Income Taxes (Tables)

6 Months Ended

Jun. 30, 2011

Income Taxes

Schedule of Effective Income Tax Rate Reconciliation

	Six Months Ended June 30,
	2011					2010
				Percent of					Percent of
				Loss Before					Income Before
	Amount			Income Taxes		Amount			Income Taxes
	(dollars in thousands)
Expected tax (benefit) expense	$	(79,109	)	35.0	%	$	52,386		35.0	%
Adjustments:
Tax exempt interest	(38,512		)	17.1		(44,421		)	(29.7	)
Dividends received deduction	(1,407		)	0.6		(772		)	(0.5	)
Effective tax rate method adjustment	—			—		15,619			10.5
Other	2,273			(1.0	)	478			0.3
Actual tax (benefit) expense	$	(116,755	)	51.7	%	$	23,290		15.6	%