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CIA Director-designate Anthony Lake hugs Secretary of State-designate Madeleine Albright in the Oval Office of the White House Thursday, December 5, 1996, where President Clinton made the announcement of their choice. Vice President Gore applauds at right. The president on Thursday, December 12, 1996, defended Lake against sharp questioning on Capitol Hill, saying questions about the nominee's stock holdings are not grounds for disqualification. Problems arose for Lake Wednesday with disclosures that while serving as Clinton's national security adviser in October 1993, he did not sell stocks in four energy companies until more than a year after he was told to do so by the White House counsel's office. (KEYSTONE/AP Photo/Joe Marquette)