The human torch was denied a bank loan.
Join Date: Apr 2006
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Re: Eric Bischofff Invitational for the last WCW Nitro
They wanted to keep WCW separate from the WWF at first yes, but it was never really said that RAW would turn into Nitro. I believe they tried to get a second show on the same channel, but they didn't want another wrestling show, and USA Network, who they had left at that point, weren't interested either. When Vince saw the WWF fans didn't give a shit about the likes of Bagwell and Morrus, he nixed the idea anyway.
The last few weeks of WCW were filled with uncertainty. Bischoff was still toying with the idea to buy WCW, but eventually his financial backers dropped out. Then Vince stepped in and bought it, but the boys only found this out the last Nitro when Shane McMahon walked into the locker room. So Bischoff probably still thought the week before that WCW was going to do a full reboot.