Well, I'm posting from Panera, which also happens to be where I am trying to do my homework. Why you ask? Because the basement is now off limits and my wireless connection is somewhere down there - unplugged.
Here are the main points:
There is black mold down there. (It looks black, I don't know if it's actually THE black mold.)
I have learned about adjusters and mitigation teams and mold doctors and blah, blah, blah...
I am actively holding my hands over my ears with my eyes closed and singing something along the lines of "la la la la". I will stop when somebody tells me something fantastic, like "it's all taken care of and we've decided to cover all of it".
I will post again when we are back up at the house.
Moral of the story (i.e. What I learned from this valuable life experience): DON'T DO LAUNDRY. BAD THINGS HAPPEN.