Time (December 28)
2009/ 12/ 28 by jd in Global News
Federal Reserve Chairman Ben Bernanke was named Person of the Year. Time recognized Bernanke’s role in containing the financial crisis and preventing “an economic catastrophe.” Time does not believe Bernanke’s performance was flawless. Time is, however, convinced the financial crisis “would have been a lot worse” without aggressive action by Bernanke and the Federal Reserve.