It was hard to distinguish the winners from the losers last Thursday at the sentencing of Iraqgate defendant Christopher P. Drogoul in the U.S. District Court for the Northern District of Georgia, Atlanta.

Mr. Drogoul Appeared mildly pleased to learn that he probably wouldn't serve more than 10 additional months of jail time for making billions of unauthorized loans to Iraq during the late 1980s while an employee of Banca Nazionale del Lavoro in Atlanta.

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