America's history through the lens of 20th century broadcast media
American Broadcasting Company - Seattle - 1929


The Crash
Curiously, none of the newspaper accounts of ABC’s flaming crash,
nor any subsequently published historical accounts, mention the
All-BC. While it is unclear in what state it had been incorporated, there is no record publicly
available of its dissolution so it is entirely possible that it remained in existence for some time
following the American Broadcasting Company's collapse.
It's also unclear what funding might have remained under the All-BC’s control in August, 1929.
One would assume that the receiver who controlled winding down ABC would have pursued the
return of any Puget Sound Savings and Loan funds which might have wound up in All-BC’s
accounts. However, since All-BC was an entirely separate corporation from ABC, the ABC
receiver would not seem to have any basis for seeking recovery of other funds which might
have remained under All-BC’s control.
So it is not entirely surprising that immediately upon ABC’s crash in late August, Linden packed
up his family and headed for New York clearly in search of new investors to try rescue ABC. It
also seems entirely plausible that he fled to New York to pursue such initiatives through All-BC.
He may also have had access to funds which remained in All-BC's coffers and it would have
been far more plausible to try rescue what he could of ABC through All-BC rather than trying to
gain control over ABC directly from its receiver. And then again, he may have hoped that
George Coats, who remained in New York, could once again produce some kind of miracle.
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