Donald Jason Flamm investigation, and lawsuits that reached the New York Supreme Court by 1949. Flamm was eventually paid a settlement but did not get WMCA back. Noble had sold the station in 1943 to Nathan Straus, former Federal Housing Authority administrator, for $1,250,000 in order to found the “Blue Network,” which became the American Broadcasting Company (ABC). The Congressional investigation of the FCC absolved Noble, but drew a blistering dissent from the Republican minority. In 1944, lawyer John J. Sirica resigned as chief counsel to the Select Committee in protest of the handling of the case. Donald Flamm was then offered a
American Broadcasting Company and the brand associated with the Blue Network. Investment firm Dillon, Read & Co. offered $7.5 million to purchase the network, but the offer was rejected by Woods and RCA president David Sarnoff. Edward J. Noble, the owner of Life Savers candy, drugstore chain Rexall and New York City radio station WMCA, purchased the network for $8 million. Due to FCC ownership rules, the transaction, which was to include the purchase of three RCA stations by Noble, would require him to resell his station with the FCC's approval. The Commission authorized the transaction on October 12, 1943. Soon afterward, the