President Richard Nixon: "You think, you think we want to, want to go this route now? And the--let it hang out, so to speak?"
White House Counsel John Dean: "Well, it's, it isn't really that--"
Bob Haldeman: "It's a limited hang out."
Dean: "It's a limited hang out."
John Ehrlichman: "It's a modified limited hang out."
Nixon: "Well, it's only the questions of the thing hanging out publicly or privately."
-- Watergate Tapes, 22 March 1973 meeting between Richard Nixon, John Dean, John Ehrlichman, John Mitchell, and H.R. Haldeman.
A limited hangout, or partial hangout, is a public relations or propaganda technique that involves the release of previously hidden information in order to prevent a greater exposure of more important details. It takes the form of deception, misdirection, or coverup often associated with intelligence agencies involving a release or "mea culpa" type of confession of only part of a set of previously hidden sensitive information, that establishes credibility for the one releasing the information who by the very act of confession appears to be "coming clean" and acting with integrity; but in actuality, by withholding key facts, is protecting a deeper operation and those who could be exposed if the whole truth came out. In effect, if an array of offenses or misdeeds is suspected, this confession admits to a lesser offense while covering up the greater ones. -- Wikipedia.
Confirmed with two reporters that there will be a press conference at 10 a.m. at ATF in Phoenix. It will be all about how Project Gunrunner is protecting us from the evil American gun dealers. Presumably they won't be bragging about "walking" the rifle south that killed BPA Terry. Whether they have a "modified limited hangout" ready remains to be seen.