A famous event like the sinking of the Titanic is bound to have more than one rumor swirling around it. What financier and banker was suspected of orchestrating the disaster?

Answer J.P. Morgan

The theory states that passengers Isidor Strauss, John Jacob Astor, and Benjamin Guggenheim were all wealthy, powerful men who opposed establishing the United States Federal Bank Reserve. Morgan, who decided not to take the voyage himself at the last minute, may have organized sinking the ship to get rid of the men who stood in his way.

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