"Once a piece of information is out there, it's nearly impossible to obliterate, " says Christine Varney, a former commissioner of the Federal Trade Commission and a privacy crusader.

CNN: Character Assassination At Warp Speed

In May, Christine Varney, President Barack Obama's pick to run the Justice Department's antitrust division, repudiated the Bush administration report, squarely placing some blame for the country's economic problems on the Bush administration's laissez-faire regulatory policies.

WSJ: Sherman Stirs: U.S. Revives Section 2 of the Antitrust Act