George Fisher, who served as Kodak's boss from 1993 until 1999, decided that its expertise lay not in chemicals but in imaging.

ECONOMIST: Technological change

More than one oil-industry veteran snickered that Hicks, Muse, whose main expertise lay in industrial companies, was about to learn an expensive lesson about wildcatting.

FORBES: One Tamed Wildcat

More than one oil industry veteran snickered that Hicks, Muse, whose main expertise lay in industrial companies, was about to learn an expensive lesson about wildcatting.

FORBES: One Tamed Wildcat

Kennedy, was no academic, and many would claim that his real market expertise lay in devising some of the unsavory practices that led to the creation of the SEC in the first place.

FORBES: Mary Jo White as SEC Chairman

The panel comprises a High Court Judge, a second judge with immigration expertise and a third expert lay member whose presence reflects the central feature of the Three Wise Men system.

BBC: Can a spook judge the spooks?

Since the collapse of communism it has become increasingly hard (except in the Muslim part of the world, and maybe even there too) to persuade people that a small group of self-selected wise men can claim a special expertise about Important Things which entitles them to lay down the law for everybody else.

ECONOMIST: A survey of geopolitics

"That is why I am today announcing that I intend to recruit two lay members to become part of the sentencing group, one with expertise in understanding the needs of victims of crime, and one with expertise in criminal and sentencing law, " he said.

BBC: Lord Chief Justice says not enough women judges