NEW YORK (
magazine has named
Chairman Ben Bernanke as its 2009 person of the year.
"The story of the year was a weak economy that could have been much, much weaker. Thank the man who runs the Federal Reserve, our mild-mannered economic overlord," says a subhead that accompanies the story.
called Bernanke the "most powerful nerd on the planet."
The winner last year was then-President-elect Barack Obama.
magazine issue will be on newsstands Friday.
Time magazine is owned by
-- Reported by Joseph Woelfel in New York.
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