With all respect to Time magazine and their choice of Russian Prez Vladimir Putin as Person Of The Year, CNBC has a different suggestion for the yearly slot: the American Homeowner.
According to CNBC Senior VP Jonathan Wald: "There is no question that the subprime mortgage crisis has had a major impact on the U.S. and world economy. With foreclosures rising sharply and housing prices dropping in virtually all regions of the country, the plight of the American Homeowner is a story whose scope reaches far beyond the U.S. It has also become a critical topic in the 2008 Presidential campaign."
CNBC's readers, however, don't seem to agree with either institution's choice. According to a live poll running on the site, the vast majority of voters seem to be equally cool to both Putin and the American Homeowner, instead wishing Time had picked someone else.
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