Of course, one does not have to be Felix Salmon to explain the significance of financial news. Unless they’re writing primarily for algo-bots, financial journalists would be wise to provide more context in their stories and explain complicated concepts. This would be helpful for general readers, obviously, but it would also be good for professionals, who, Salmon said, don’t always know as much as financial journalists assume. “You’d be amazed how many successful, rich people don’t understand marginal tax rates,” he said. “It’s not just people in Wichita.”

Capital New York and New York Law School have uploaded full video of the panel. You can also view this Storify to see what journalists tweeted about the panel.

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Peter Sterne is an editorial intern at CJR. Follow him on Twitter @petersterne.