U.S. & Russia Exchange Spies

Ten Russian spies are headed home.

They were deported Thursday in exchange for four people convicted of working as spies for the U.S.

The 10 Russian agents left for Moscow Thursday night just hours after pleading guilty in a Manhattan federal court.

One by one each admitted to conspiring to act as an unregistered agent of the Russian government. In return, they were sentenced to time already served and ordered out of the country.

The lawyer for one of the spies, Anna Chapman, says his client is relieved the ordeal is over.

"She is happy to be out of jail, and she is happy to be going back to her family," said Robert Baum, attorney for Chapman.

In exchange for the group, the Russian government will release four people convicted of acting as spies for the U.S.

Tara Mergener reports, “The White House says President Obama approved the historic spy swap, which is being called the biggest since the Cold War.”

U.S. Attorney General Eric Holder, in an exclusive interview for CBS's "Face The Nation", told Bob Schiefffer it's a good deal for both sides.

"We essentially orchestrated a swap so that we had access to or got back four people who had been charged in Russia with conducting intelligence activities on behalf of western countries," said Holder.

The swap comes at a critical time as Russia and the U.S. try to repair ties.

CBS News National Security Analyst Juan Zarate says, "Both countries have major geopolitical concerns at play, and they want to put this case behind them. This deal allows them to put this case to bed in a very tidy way."

The Obama Administration hopes this latest incident sends a strong message to other countries thinking of sending their own spies.

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