American Broadcasting Company which were related to advertising and were indexed compared to the number of listeners/viewers, failed to compensate for its heavy investments in purchasing and building stations. In 1951, a rumor even mentioned that the network would be sold to CBS. In 1951, Noble held a 58% ownership stake in ABC, giving him $5 million with which to prevent ABC from going bankrupt; as banks refused further credit, that amount was obtained through a loan from the Prudential Insurance Company of America. Leonard Goldenson, the president of UPT (which sought to diversify itself at the time), approached Noble in 1951 on
J. Edward Roush Lake J. Edward Roush Lake J. Edward Roush Lake is a reservoir in Huntington, Indiana. The lake is found at an elevation of . The Huntington Reservoir was renamed J. Edward Roush Lake to honor the impact to the local area of J. Edward Roush, who served as a State Representative and State Senator in Indiana and a representative in the U.S. House of Representatives. The J. Edward Roush Lake Dam was completed in 1968 for flood control and recreation. At high and in length at its crest, its maximum capacity is and normal capacity is . The Indiana Department of