EXHIBIT 99.1
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                            EXPLANATION OF RESPONSES
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(1)   Jeffrey L. Gendell ("Mr. Gendell") is the managing member of Tontine
      Capital Overseas GP, L.L.C., a Delaware limited liability company ("TCO"),
      the general partner of Tontine Capital Overseas Master Fund, L.P., a
      Cayman Islands limited partnership ("TMF"). Mr. Gendell is the managing
      member of Tontine Capital Management, L.L.C. ("TCM"), a Delaware limited
      liability company, the general partner of Tontine Capital Partners, L.P.,
      a Delaware limited partnership ("TCP") and Tontine 25 Overseas Master
      Fund, L.P., a Cayman Islands limited partnership ("T25"). Mr. Gendell is
      the managing member of Tontine Management, L.L.C. ("TM"), a Delaware
      limited liability company, the general partner of Tontine Partners, L.P.,
      a Delaware limited partnership ("TP"). Mr. Gendell is also the managing
      member of Tontine Overseas Associates, L.L.C., a Delaware limited
      liability company ("TOA"), the investment adviser to Tontine Overseas
      Fund, Ltd., a Cayman Islands corporation ("TOF") and certain separately
      managed accounts. TMF directly owns 2,429,800 shares of Common Stock. TCP
      directly owns 9,831,729 shares of Common Stock. TP directly owns 7,123,781
      shares of Common Stock. T25 directly owns 1,104,840 shares of Common
      Stock. TOA beneficially owns 3,142,083 shares of Common Stock. All of the
      foregoing shares of Common Stock may be deemed to be beneficially owned by
      Mr. Gendell. Mr. Gendell disclaims beneficial ownership of the Issuer's
      securities reported herein for purposes of Section 16(a) under the
      Securities Exchange Act of 1934, as amended, or otherwise, except as to
      securities directly owned by Mr. Gendell or representing Mr. Gendell's pro
      rata interest in, and interest in the profits of, TCO, TMF, TCM, TCP, TP,
      TM, TOA, TOF and T25.