Topic: John Jacob Astor Iv

J.P. Morgan's last-minute cancellation of his ticket on the Titanic is contrasted with the death of his rival, John Jacob Astor IV, on the same voyage. This event cleared the path for the establishment of the Federal Reserve, an entity heavily influenced by the Bankers Trust network. The segment details how Bankers Trust functioned as a clearinghouse for the world's wealthiest families to consolidate financial power.