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.
This vote in turn, triggers the adoption of nineteen new rules governing the over the counter derivatives markets, most by year end. And while the rules aim to make this opaque market more transparent, they will also eventually eat into the very healthy profit margins big banks make writing and trading these derivatives.
If corporate America is worried about the pending “fiscal cliff” they are keeping pretty mum about it. It may be firms are saving any statements about how this might impact their business when they report their second quarter results.
Moody’s Investors Service downgraded the debt ratings of 15 major international banks and securities firms on Thursday, a move that could cost the banks billions of dollars in extra collateral.