v2.3.0.11
Discontinued Operations
 6 Months Ended
Jun. 30, 2011
Discontinued Operations  
Discontinued Operations
20. Discontinued Operations.

See Note 1 for a discussion of the Company's discontinued operations.

The table below provides information regarding amounts included in discontinued operations:

 

       Three Months Ended
June 30,		      Six Months Ended
June 30,		  
       2011      2010      2011      2010  
      

(dollars in millions)

 

Pre-tax gain (loss) on discontinued operations(1):

              

Revel(2)

      $ —         $ (25 )     $ (10 )     $ (963 ) 

Retail Asset Management

        4         916         9         982   

DFS(3)

        —           —           —           775   

CMB

        —           (18 )       6         (16 ) 

Other

        1         (7 )       1         (11 ) 
    

 

 

     

 

 

     

 

 

     

 

 

  
     $ 5       $ 866       $ 6       $ 767   
    

 

 

     

 

 

     

 

 

     

 

 

  

(1) Amounts included eliminations of intersegment activity.
(2) Amount included a loss of approximately $951 million in the six months ended June 30, 2010 in connection with the planned disposition of Revel.
(3) Amount relates to the legal settlement with DFS.

Net revenues included in discontinued operations for the quarter ended June 30, 2011 was $5 million related to Retail Asset Management. Net revenues included in discontinued operations for the six months ended June 30, 2011 included $6 million related to CMB and $5 million related to Retail Asset Management. Net revenues included in discontinued operations for the quarter ended June 30, 2010 included $1,019 million related to Retail Asset Management and a net loss of $2 million related to CMB. Net revenues included in discontinued operations for the six months ended June 30, 2010 included $1,204 million related to Retail Asset Management and $4 million related to CMB.