Mary Thompson joined CNBC in 2000 as a general assignment reporter. She has covered a wide range of stories for CNBC, including the 2008 financial crisis, Hurricane Katrina from along the Gulf Coast and the mutual fund industry's market-timing scandal in 2003.
Thompson has reported extensively on the banking and insurance industries, executive pay and the stock market from the New York Stock Exchange and the NASDAQ MarketSite. She also appears on NBC's "Today" and "Weekend Nightly News."
In 2010, Thompson received a Gerald Loeb Award for Distinguished Business and Financial Journalism for breaking news coverage of the Bernard Madoff scandal. In 2005, she received a National Headliner Award for her reporting on price fixing in the insurance industry.
Prior to joining CNBC, Thompson worked for Bloomberg Television and Bloomberg Radio, from 1992 to 2000, covering the stock market from the New York Stock Exchange and anchoring special coverage of Federal Reserve meetings. She also worked as a print reporter for Bloomberg, from 1991 to 1992, covering small banks and retailers.
Before joining Bloomberg, Thompson worked at Fidelity Investments in a variety of sales positions.
Thompson holds a B.A. in English from the University of Notre Dame and an M.S. in journalism from Columbia University.
Follow Mary Thompson on Twitter @MThompsonCNBC.
Ally Financial remains one of the last big companies that is still a ward of the government. The former finance arm of GM was saved back in 2009, but remains in trouble.
The Federal Reserve's most recent stress test shows all but one of the nation's 18 largest banks are prepared to handle a severe economic shock. That is an improvement from last year when two banks failed to meet the minimum requirements.
In an internal memo by Goldman the investment bank said it will name a new class of managing directors every two years, instead of on an annual basis, beginning in 2013.