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Advisor Insights

The Great Molasses

Flood A profitable company can stand a lot of bad publicity.


The views expressed here are those of the author and do not necessarily reflect the views of Morningstar.

History shows that companies can experience one bad event after another and still survive. Take United States Industrial Alcohol Co., which 100 years ago was involved in one of the most fascinating industrial accidents in history.

Ralph Wanger does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.