Comments by "boz" (@BOZ_11) on "1956: TITANIC SURVIVORS Interviewed | First Hand | Voice of the People | BBC Archive" video.

  1. JP Morgan's motive to down the vessel would have come from the fact that rival millionaires John Jacob Astor, Benjamin Guggenheim and Isidor Straus were all passengers on board; all of whom were virulent opposers to the Federal Reserve's creation JP Morgan owned the IMM, which in turned owned the White Star line, but decided to skip Titanic's maiden voyage at the very last second and instead chose to stay in Europe it was actually Titanic's oldest sister the Olympic, that sunk the Olympic had been in an accident a few months before Titanic's departure, but owners White Star Line didn't have the funds to complete Titanic and fix the damage to Olympic. White Star Line switched her with Olympic, which was repaired quickly and renovated to look exactly like her younger sister. By allowing the wounded ship to sail as Titanic, the company could then collect the insurance payment when it struck the iceberg and sank.
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