A panel of four journalists and academics debated the media's ability and responsibilty for forecasting economic trends, such as the ongoing subprime mortgage crisis and the dot-com bubble.

As reported November 2, 2007 in the Harvard Crimson by Athena Y. Jiang, the panelists included Floyd Norris, chief financial correspondent for The New York Times and Jane B. Quinn, a contributing editor at Newsweek.

According to Jiang, Norris said the media did its job in predicting problems ahead, but the public was in no mood to listen.  "Eventually I got tired of writing how crazy the stock market was," Norris said referring to the high-tech bubble.