Time's Person of the Year: President Obama

The magazine's runner-up was 17-year-old activist Malala Yousafzai of Pakistan.
0:27 | 12/19/12

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Transcript for Time's Person of the Year: President Obama
President Obama has been named time magazine's person of the year for 2012. -- the -- -- the president has been given the honor the first time was in 2008 when he was president elect. Times editor says President Obama is both the symbol and in some ways the architect of a new America. The short list for the honor included a lot like you -- -- -- Pakistan -- teenager who was shot for pushing for the education of girls.

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