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Non-Tech : FIRST PLUS FINANCIAL GROUP[FP] -- Ignore unavailable to you. Want to Upgrade?


To: Emec who wrote (386)9/18/1998 6:34:00 PM
From: Mr. Pink  Read Replies (1) | Respond to of 1090
 
Dan Phillips bankrupted another company just 5 years ago.

Read this exerpt from the recent proxy:

DANIEL T. PHILLIPS -- Mr. Phillips has served as Chairman of the Board of
the Company since October 1996 and Chief Executive Officer of the Company since
October 1994. Mr. Phillips also served as President of the Company from
October 1994 until September 1997. Mr. Phillips served as President and Chief
Executive Officer of SFA: State Financial Acceptance Corporation, a loan
origination company, from March 1993 to October 1994. During the period from
October 1992 to March 1993, Mr. Phillips was self-employed, primarily engaging
in the purchase and sale of consumer receivables. From February 1989 to
October 1992, Mr. Phillips served as President and Chief Executive Officer of
LinCo Financial Corporation, a factoring firm, in Sacramento,

5

California. In March 1993, LinCo Financial Corporation commenced a Chapter 11
proceeding under the federal bankruptcy laws, which was converted to a
Chapter 7 proceeding in April 1993. Such proceeding is still ongoing. From
November 1986 to October 1988, Mr. Phillips served as President and Chief
Executive Officer of American Equities Financial Corporation.