FAUCI DIARY ARCHIVE — Tuesday, September 16, 2008
https://faucisdiary.com/diary/2008-09-16

Text below is verbatim from the released PDFs, with the original line breaks.
==============================================================================

DIARY ENTRY — Tuesday, September 16, 2008
Source: Diary Prequel, p. 180 of 2026.07.27_Diary-Prequel-.pdf
Words: 200
------------------------------------------------------------------------------
Testified before Rep. Henry Waxman’s House Committee on Oversight
and Government Reform in Rayburn House Building Room 2154. Topic = HIV
prevention in light of the new numbers from CDC showing that the incidence in USA of
HIV is worse than was previously calculated – 56, 300 versus 40,000. Other main
witness was Julie Gerberding with Kevin Fenton of CDC and Tom Insel of NIH as back-
ups. Hearing went very well – generally friendly. Maxine Waters gave Julie Gerberding
a hard time about not acting with leadership in a “crisis”. I stated that needle-exchange
works and that abstinence only does not work. This may upset some ideologues in HHS
or the WH. Mild Fall day – slightly cloudy.

Sept. 23-30, 2008 – Major crisis on Wall Street and in the banking industry with big
banks and financial institutions failing – Lehman Brothers (Bankrupt), Fannie Mae and
Freddie Mack taken over by the government, AIG bailed out by the government; many
buyouts and mergers, stock market plunged by 777 points in 1 day – largest drop ever.
Congress trying to agree on a $700 Billion bailout package for financial institutions to
restore the credit flow in the USA. Big problems!!