"Thank you, Mr. President," says A.P.'s Frank Cormier, the senior White House correspondent, and that usually ends the presidential press conference. Or at least it used to. After last week's session, Jimmy Carter did not call it quits but continued to chat for another 15 minutes. It is customary for the President to hang around for a while and exchange small talk with reporters; this time, as the TV cameras continued to roll, Carter's small talk ballooned into something bigger: news.

To the reporters gathered around him, Carter talked about David Frost's Watergate interview with Richard Nixon. "I personally think...

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