Time Person of the year 2009
December 16, 2009 by Trend PK
Filed under World News
Time Person of the year 2009 latest news updates :- Bernanke is TIME’s 2009 Person of the Year. Federal Reserve chair beat out Obama, Nancy Pelosi, Usain Bolt.
“The winner is Ben Bernanke, Chairman of the Federal Reserve, the most powerful, least understood government force shaping our lives,” Stengel said.
Stengel described the cover as a “throwback cover, like a Person of the Year cover from the ’40s or ’50s.”
“He was the great scholar of the Depression, and basically he saw what looked like another Depression coming and he decided he would do whatever it takes to forestall that,” Stengel said. “And basically he did.
Stengel admitted that Bernanke has made mistakes, but said that “in terms of influencing the economy this year, he’s the guy.”
* TIME’s No. 2 runner-up after Bernanke was Gen. Stanley McChrystal, commander of U.S. forces in Afghanistan. Stengel told TODAY’s Matt Lauer and Meredith Vieira that McChrystal came “very close” to usurping Bernanke’s Person of the Year cover: “He really was the prime mover behind the change in Afghanistan strategy.”
* No. 3: The Chinese worker — an acknowledgement of an increasingly influential group of people in one of the world’s most powerful economies.
* No. 4: Nancy Pelosi, U.S. Speaker of the House.
* No. 5: Usain Bolt, Jamaican sprinter and Olympic gold medalist.
* Other contenders included Steve Jobs, co-founder and chief executive of Apple Inc., and President Barack Obama, who was named Person of the Year in 2008. “Obama could be Person of the Year every year, but not this year,” Stengel commented.
In the end, it was Bernanke’s sway over a global financial crisis that touched millions — if not billions — of lives led to TIME’s decision. “He is influencing how the economy operates,” Stengel explained.
Time Person of the year 2009 was first posted on December 16, 2009 at 7:35 pm.
