Another conspiracy....tsk tsk. Obviously, nobody can answer this for sure. About the book futility, I'm reading it now!!!!!!
The idea(very possible) is that J.P. Morgan Switched the Olympic and titanic , and purposely sank the olympic(posing as titanic) to claim insurance money, because the collision with the HMS Hawke, was clearly olympics mistake. If this were true however, they overlooked the death toll, and not only did they destroy their reputation, they were bought out by Cunard