[Any rebuilding plan, specialists say, should take New Orleans' topography and frequent rains into account.] You can bring the city back without making it any safer, ... You want to avoid that.

We now have a comprehensive plan for rebuilding the city of New Orleans.

We're keeping the same level of folks in New Orleans to tell the ongoing recovery and the rebuilding and all the things that have been dominating the screen for the last 3-1/2 weeks.

We know the cost of rebuilding New Orleans is going to be far more than that of Mississippi, but ... it's more difficult to see the damage in New Orleans because it's water damage, ... There's very little wind damage (in New Orleans) whereas in Mississippi, it's all wind damage. And it's devastation. I mean, you can see it just blew down everything.

rebuilding a wounded city.

The market is misreading and misunderstanding the story. The story is the capital account, not, I repeat not, the current account.