Schapiro’s ‘Person of the Year’ chances fading
SEC Chairman Mary Schapiro looks like a long shot to share in Time magazine's 2010 person of the year honors.
SEC Chairman Mary Schapiro looks like a long shot to share in Time magazine’s 2010 person of the year honors.
Last month, Time named Ms. Schapiro, together with Sheila Bair, chairman of the Federal Deposit Insurance Corporation, and Elizabeth Warren, special adviser to a new Consumer Financial Protection Bureau, as finalists for the award, along with 24 others.
The “three powerful women are fighting to fix the male-dominated financial industry,” Time wrote last month. They “are doing their best to keep Wall Street in check and push for tougher regulations during a period of tumultuous recovery from the financial meltdown.”
But as of December 8, a week before Time editors were set to name the person of the year, the three women were scuffling near the bottom in the magazine’s online poll.
The trio was running ahead of pro basketball player LeBron James, however, as well as Afghan president Hamid Karzai and former BP chief executive Tony Hayward.
WikiLeaks founder Julian Assange was leading the list.
Time’s editors can ignore the polling results and pick the person they feel has had, for good or bad, the biggest impact on world events this year
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