There were two breaches, both in the same levee. One by surge action, one by loose barge.
That's just one canal.
I don't think Cobalt should start spending that "award" just yet.
If this turns out like 9-11, it will be the end of time before they decide whether it was one event (hurricane) or two events (hurricane & levees).
"There were two breaches, both in the same levee."
There seem to have been several breaches in several canals:
http://www.nola.com/newslogs/tporleans/index.ssf?/mtlogs/nola_tporleans/archives/2005_09_13.html#079207
Floodwalls were breached in the 17th Street Canal, at two places in the London Avenue Canal, and at two places in the Industrial Canal