There's more story in the context.
"Titanic bears the weight of our belief and our disbelief, our desire for apocalypse and our fear of it, our fatigue, our talkative demise, the unbearable lightness of our being." John Wilson Foster:  http://en.wikipedia.org/wiki/RMS_Titanic_in_popular_culture
So for me, the devil is not really in the detail.
[John Jacob Astor, Benjamin Guggenhuem and Isa Strauss were on that ship. They were among the richest individuals in the world and apparently intended to use their power and influence to prevent the formation of a central bank.]
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