<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 1995
ANNUAL REPORT TO SHAREHOLDERS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH INFORMATION.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<CASH>                                          59,743
<SECURITIES>                                   834,286
<RECEIVABLES>                                  154,628
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             1,209,996
<PP&E>                                         279,088
<DEPRECIATION>                                 130,745
<TOTAL-ASSETS>                               1,885,299
<CURRENT-LIABILITIES>                        1,067,621
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           449
<OTHER-SE>                                     433,813
<TOTAL-LIABILITY-AND-EQUITY>                 1,885,299
<SALES>                                              0
<TOTAL-REVENUES>                               703,380
<CGS>                                                0
<TOTAL-COSTS>                                  590,621
<OTHER-EXPENSES>                               192,468
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              18,822
<INCOME-PRETAX>                               (98,531)
<INCOME-TAX>                                  (38,668)
<INCOME-CONTINUING>                           (59,863)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (59,863)
<EPS-PRIMARY>                                   (1.36)
<EPS-DILUTED>                                   (1.36)