COVER

Ben Bernanke The 2009 TIME Person of the Year (Ben Bernanke)

The story of the year was a weak economy that could have been much, much weaker. How the mild-mannered man who runs the Federal Reserve prevented an economic catastrophe.

Photos: How the Fed Works (Ben Bernanke)

U.S. monetary policy is guided by an independent government agency that can trace its roots to the administration of George Washington

Photos: The Chairman's Office (Ben Bernanke)

From one of the most rarefied rooms in Washington, Bernanke has overseen a rescue of the world financial system

#3 The Chinese Worker (Person Of The Year / THE SHORT LIST)

At an LED factory in Shenzhen, TIME meets some of the young men and women — all of them migrants — who are fueling China's booming economic growth

How Nancy Pelosi Plays for Keeps (The Short List)

The highest-ranking woman in U.S. history (except for Oprah), she wields her power more effectively than any other House Speaker in modern times

Persons of the Year (Also In This Issue)

Leaders, activists and icons look back on what the selection meant to them

People Who Mattered (Person Of The Year)

TIME picks 25 people who influenced 2009 for better or worse

TO OUR READERS

To Our Readers: The Good Banker

The recession was the story of the year. Without Ben Bernanke, TIME's 2009 Person of the Year, it would have been a lot worse

ESSAY

Joe Klein's Annual Teddy Awards (Commentary)

President Obama, Vice President Biden and the people of Iran are among those who deserve kudos for courage in 2009

And the Decade Goes To ... (Commentary)

Anyone can pick a Person of the Year. It takes a great historian to define the decade. Joel Stein picks Google's Sergey Brin and Larry Page for Persons of the Decade 2009

SPECIAL SECTION

ALSO IN THIS ISSUE

BRIEFING

The Moment (Special 2009 Edition)

The many Moments that defined 2009

Essential Top 10 Lists (The Year In Briefing)

The best biz deals, spiciest feuds, coolest gadgets, oddest news, nastiest breakups and more

Verbatim (Notebook)

Quotes and buzzwords of the year

Pop Chart (The Year in Briefing)

2009 Edition

The World (The Year in Briefing)

10 ESSENTIAL STORIES OF 2009

LETTERS

Inbox (Inbox)

Letters of the Year