TIME's Person of the Year is bestowed by the editors on the person or persons who most affected the news and our lives, for good or ill, and embodied what was important about the year.
Person of the year 2010
Mark Elliot Zuckerberg is TIME's 2010 Person of the Year for connecting more than half a billion people and mapping the social relations among them, for creating a new system of exchanging information.
Person of the year 2009
Ben Bernake,chairman of the Federal Reserve, the central bank of the U.S.When turbulence in U.S. housing markets metastasized into the worst global financial crisis in more than 75 years,Ben Bernake conjured up trillions of new dollars and blasted them into the economy; engineered massive public rescues of failing private companies; ratcheted down interest rates to zero; lent to mutual funds, hedge funds, foreign banks, investment banks, manufacturers, insurers and other borrowers who had never dreamed of receiving Fed cash; jump-started stalled credit markets in everything from car loans to corporate paper; revolutionized housing finance with a breathtaking shopping spree for mortgage bonds; blew up the Fed's balance sheet to three times its previous size; and generally transformed the staid arena of central banking into a stage for desperate improvisation. He didn't just reshape U.S. monetary policy; he led an effort to save the world economy.
Person of the year 2008
Barack Obama, the 44th President of the United States
Person of the year 2010
Mark Elliot Zuckerberg is TIME's 2010 Person of the Year for connecting more than half a billion people and mapping the social relations among them, for creating a new system of exchanging information.
Person of the year 2009
Ben Bernake,chairman of the Federal Reserve, the central bank of the U.S.When turbulence in U.S. housing markets metastasized into the worst global financial crisis in more than 75 years,Ben Bernake conjured up trillions of new dollars and blasted them into the economy; engineered massive public rescues of failing private companies; ratcheted down interest rates to zero; lent to mutual funds, hedge funds, foreign banks, investment banks, manufacturers, insurers and other borrowers who had never dreamed of receiving Fed cash; jump-started stalled credit markets in everything from car loans to corporate paper; revolutionized housing finance with a breathtaking shopping spree for mortgage bonds; blew up the Fed's balance sheet to three times its previous size; and generally transformed the staid arena of central banking into a stage for desperate improvisation. He didn't just reshape U.S. monetary policy; he led an effort to save the world economy.
Person of the year 2008
Barack Obama, the 44th President of the United States
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