The old station tracks took in only 3 to 4 feet of water, but there was no long-term component damage.

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Jude Medical (nyse: STJ - news - people ) failed because of susceptibility of a component to damage caused by cosmic rays.

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Accounting for the property damage component is straightforward.

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Fraud was a material part of the mortgage collapse, a big factor in commercial property and loan losses and a component in investment banking and private-equity losses that did more damage than acknowledged.

ECONOMIST: Letters

As the hard disk drive and drive component companies start to get back into their factories to access the damage there will undoubtedly be a lot of facility cleanup and repair and likely replacement of some expensive capital equipment particularly when this equipment was on the first floor of a flooded building.

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