Charles H. Keating Jr.'s Trial
In 1992, he presided over Charles H. Keating Jr.'s trial in the savings and loan scandal; Keating's 10-year sentence was later overturned on appeal because Ito had neglected to instruct the jury to determine whether Keating intended to defraud investors. It was the prosecution's position that Keating was liable as a matter of strict liability.
Read more about this topic: Lance Ito
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“Every political system is an accumulation of habits, customs, prejudices, and principles that have survived a long process of trial and error and of ceaseless response to changing circumstances. If the system works well on the whole, it is a lucky accidentthe luckiest, indeed, that can befall a society.”
—Edward C. Banfield (b. 1916)