Ben Bernanke is a dubious choice to be named “Person of the Year” by Time magazine. While Time’s Managing Editor Richard Stengel credits him with recognizing early and reacting appropriately to the ongoing financial crisis, in reality, he was wrong time and again with both his predictions and his remedies. Just remember these gems…

In the currency market, the dollar plummeted against the euro, marking the fifth straight day of losses. Late Tuesday, the euro was trading at $1.3891 vs. $1.3679 on Monday.