Green Lanterns #2
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A story told in flashback detailing how Frank Laminski becomes obsessed with obtaining a power ring after being rescued by Green Lantern Hal Jordan. Over the years, Frank tries to prove himself worthy of being selected for a power ring, but is frustrated to watch as John Stewart, Guy Gardner, and Kyle Rayner all are chosen over him. Ultimately he believes that he has succeeded in being chosen, but instead a ring goes to Simon Baz, and another to Jessica Cruz. Then Volthoom appears to Frank, and tells him of the Phantom Ring, which can be used by anyone without having to be chosen.
Plot details indexed by the Grand Comics Database (CC BY-SA).