<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 36,196 <SECURITIES> 0 <RECEIVABLES> 653,070 <ALLOWANCES> 7,475 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 220,406 <DEPRECIATION> 128,275 <TOTAL-ASSETS> 6,641,203 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 466,208 <TOTAL-LIABILITY-AND-EQUITY> 6,461,203 <SALES> 0 <TOTAL-REVENUES> 500,680 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 492,683 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 122,173 <INCOME-PRETAX> (114,176) <INCOME-TAX> (2,417) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (111,759) <EPS-PRIMARY> 0 <EPS-DILUTED> 0