Condensed Consolidated Statements of Operations (USD $) In Thousands, except Per Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Revenues:
Commissions and fees	$ 111,850	$ 130,500	$ 230,526	$ 252,418
Recurring	26,514	22,761	53,735	44,732
Other	4,253	2,061	8,434	4,862
Total revenues	142,617	155,322	292,695	302,012
Expenses:
Compensation and employee benefits	55,679	54,587	113,157	108,051
Transaction processing	23,104	23,581	46,130	44,240
Occupancy and equipment	15,063	14,969	30,005	30,166
Telecommunications and data processing services	14,870	12,971	29,941	26,606
Other general and administrative	22,762	21,928	44,922	50,085
Goodwill impairment	225,035	5,375	225,035	5,375
Restructuring charges	17,678	2,337	17,678	2,250
Acquisition related costs	2,523		2,523
Interest expense	494	206	764	430
Total expenses	377,208	135,954	510,155	267,203
(Loss) income before income tax (benefit) expense	(234,591)	19,368	(217,460)	34,809
Income tax (benefit) expense	(38,448)	11,860	(30,866)	18,869
Net (loss) income	$ (196,143)	$ 7,508	$ (186,594)	$ 15,940
(Loss) earnings per share:
Basic (in dollars per share)	$ (4.77)	$ 0.17	$ (4.52)	$ 0.37
Diluted (in dollars per share)	$ (4.77)	$ 0.17	$ (4.52)	$ 0.36
Basic weighted average number of common shares outstanding (in shares)	41,112	43,226	41,272	43,525
Diluted weighted average number of common shares outstanding (in shares)	41,112	43,704	41,272	44,129