The penny that R.J. Fletcher gave to the bum turns out to be rare and worth a lot of money, and the bum buys the remaining shares of stock and saves the station. R.J. loses his broadcasting license.
Plot hole: Throughout the telethon we see volunteers taking pledges over the telephone. As with all telethons the vast majority of pledges will be paid by cheque. Instant bank transfers were unknown in the days the film was set and the telethon ends at midnight, at which time American banks are most certainly shut! How does George manage to have $75,000 in CASH for Big Louie on site that very night? Not every single pledge would (or could) go out to the remote site to pay in cash - not at that time of the night, anyway - and he couldn't raise more than the required sum as this was a share offer and an oversell would reduce the value of individual shareholder's equity.
George Newman: Lesbian Nazi Hookers Abducted by UFOs and Forced Into Weight Loss Programs... All next week on Town Talk.
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