Person of the Year 2008
In one of the craziest elections in American history, Barack Obama overcame a lack of experience, a funny name, two candidates who are political institutions and the racial divide to become the 44th President of the United States
Richard Fuld Jr.
Person of the Year 2008
Every tragedy needs a villain, and with his deep-set eyes, gruff voice and hundreds of millions of dollars in pay, the Lehman Brothers CEO was perfectly cast as the bad guy of the recession. At an October hearing, members of Congress all but accused Fuld of profiting from the collapse; one even began listing the worth of his multimillion-dollar homes. True, under Fuld, Lehman borrowed recklessly. But the government's willingness to let Lehman fall into bankruptcy may have worsened the financial crisis in the short term.
—John Cloud
See pictures of Barack Obama's nation of hope.
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