Wednesday, December 16, 2009

Time magazine honors Fed chief Bernanke

Time magazine announced its Person of the Year this morning, and for the first time since at least 2006 (when "You" won), the winner is a Princetonian.

Our "mild-mannered economic overlord," Ben Bernanke, former economics professor and current chair of the Federal Reserve won, beating out Apple CEO Steve Jobs, Speaker of the House Nancy Pelosi, the Chinese worker, US Forces Commander Stanley McChrystal, Olympian Usain Bolt and President Barack Obama. TIME managing editor Richard Stengel '77 announced the finalists on the Today Show Monday.

In 1999, Amazon CEO Jeff Bezos '86 won the honor.


Anonymous said...

um...for what? For printing trillions more in counterfeit money? For bailing out banks at the expense of everyone else? For fixing the interest rate so low that nobody can profitably make loans?

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