Though Iran-contra ranked as the most insidious scam of the mud-spattered '80s, not one of the eight convicted offenders has spent a night in jail. Last week a court ruling made it likely that the two key culprits, Oliver North and John Poindexter, would also see their records scrubbed clean in legal terms. Further, the decision may force Congress to choose between , spectacular public hearings and criminal prosecutions in future scandals.
The specific issue before the U.S. Court of Appeals for the District of Columbia dealt only with North, the retired Marine officer who as a White House aide managed...