EXHIBIT 12

RATIOS OF EARNINGS TO FIXED CHARGES

AND EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDENDS

The following table sets forth certain information regarding our consolidated ratios of earnings to fixed charges and earnings to fixed charges and preferred stock dividends. Fixed charges represent interest expense, a portion of rent expense representative of interest, trust-preferred securities related expense and amortization of debt issuance costs.

(Dollar amounts in thousands)	Year ended December 31,
	2009			2008		2007		2006		2005
Fixed charges:
Interest expense excluding deposits	$	191,496		281,993		346,022		303,689		195,169
Portion of rents representative of an interest factor		19,720		19,093		17,994		17,182		13,871
Fixed charges excluding interest on deposits		211,216		301,086		364,016		320,871		209,040
Interest on deposits		426,298		720,260		977,352		749,708		353,737
Fixed charges including interest on deposits	$	637,514		1,021,346		1,341,368		1,070,579		562,777
Fixed charges and preferred stock dividends:
Interest expense excluding deposits	$	191,496		281,993		346,022		303,689		195,169
Portion of rents representative of an interest factor		19,720		19,093		17,994		17,182		13,871
Preferred stock dividend requirement		102,969		24,424		21,157		5,927		–
Fixed charges and preferred stock dividends excluding interest on deposits		314,185		325,510		385,173		326,798		209,040
Interest on deposits		426,298		720,260		977,352		749,708		353,737
Fixed charges and preferred stock dividends including interest on deposits	$	740,483		1,045,770		1,362,525		1,076,506		562,777
Earnings:
Income from continuing operations before income taxes	$	(1,623,020	)	(314,698	)	737,498		912,924		741,887
Equity in undistributed earnings of unconsolidated subsidiaries		(6,785	)	(10,105	)	(11,731	)	(5,800	)	(7,161	)
Fixed charges excluding interest on deposits		211,216		301,086		364,016		320,871		209,040
Earnings excluding interest on deposits		(1,418,589	)	(23,717	)	1,089,783		1,227,995		943,766
Interest on deposits		426,298		720,260		977,352		749,708		353,737
Earnings including interest on deposits	$	(992,291	)	696,543		2,067,135		1,977,703		1,297,503
Ratio of earnings to fixed charges:
Excluding interest on deposits		(a)		(a)		2.99		3.83		4.51
Including interest on deposits		(a)		(a)		1.54		1.85		2.31
Ratio of earnings to fixed charges and preferred stock dividends:
Excluding interest on deposits		(a)		(a)		2.83		3.76		4.51
Including interest on deposits		(a)		(a)		1.52		1.84		2.31
(a)    Ratio is less than one; earnings are inadequate to cover fixed charges. The dollar amount of the coverage deficiency for the affected periods is presented below. The amount is the same whether including or excluding interest on deposits:
Coverage deficiency – earnings to fixed charges	$	(1,629,805	)	(324,803	)
Coverage deficiency – earnings to fixed charges and preferred stock dividends		(1,732,774	)	(349,227	)