A hot bench

摘要

The financial crisis has placed the muddled state of corporate law in America under intense scrutiny. Jed Rakoff, the judge in the current insider-trading case against Rajat Gupta, a former managing director of McKinsey, has emerged as an important player in this process. The 81-year-old judge is technically on "senior status" in the federal district court, meaning he can elect to work reduced hours.