I'm Matt Schifrin vice president and managing editor of Investing for Forbes Media.

FORBES: Matt Schifrin - Buffetts Next Door - Archive

Vehicle damage reports like CarFax are widely available on the Internet and make it easy to spot cars that have been suffered heavy flood damage, said Ricky Beggs, vice president and managing editor of Black Book, a guide to the wholesale market for used car dealers.

WSJ: What Happens to All Those Swamped Cars?

"People don't watch television networks anymore, " said Steve Safran, senior vice president at Media 2.0 and managing editor of lostremote.com, a blog about technology and the television industry.

CNN: The transformation of American TV