Free eBook - The Titanic Plan

Historical Fiction

The Titanic Plan

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On October 16, 1907, the American financial system stood on the brink of collapse after one of the largest investment firms failed because of speculative trading. There was no Federal Reserve to help, no government agencies to prop up the failing institutions. Seeing this as a defining crisis, J. Pierpont Morgan stepped in and organized a consortium of bankers and financiers to support the ailing system until the crisis passed. When it finally did, Morgan vowed that he would do everything in his power to make sure such a calamity never happen again.

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