Bernanke named Time's Person of the Year

NEW YORK -- Federal Reserve Chairman Ben Bernanke has been named Time magazine's "Person of the Year" for 2009.

Last year's winner was then-President-elect Barack Obama. The 2007 winner was Russian Prime Minister Vladimir Putin.

Other previous winners have included Bono, President George W. Bush, and Amazon.com CEO and founder Jeff Bezos.

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On the Net: www.time.com/