<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 35,220 <SECURITIES> 36,984 <RECEIVABLES> 1,245,140 <ALLOWANCES> 0 <INVENTORY> 142,028 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,730,674 <CURRENT-LIABILITIES> 0 <BONDS> 1,512,499 <PREFERRED-MANDATORY> 26,640 <PREFERRED> 0 <COMMON> 83 <OTHER-SE> 132,452 <TOTAL-LIABILITY-AND-EQUITY> 1,730,674 <SALES> 37,551 <TOTAL-REVENUES> 170,516 <CGS> 29,668 <TOTAL-COSTS> 29,668 <OTHER-EXPENSES> 118,266 <LOSS-PROVISION> 38,739 <INTEREST-EXPENSE> 10,553 <INCOME-PRETAX> (26,710) <INCOME-TAX> (1,297) <INCOME-CONTINUING> (25,413) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (29,624) <EPS-PRIMARY> (4.03) <EPS-DILUTED> (4.03)