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.
Bill Dudley, president of the New York Federal Reserve, summoned 28 CEOs of the nation’s top banks toon Monday to reinforce the principles that were outlined in a proposal by the Fed on compensation issued on October 22.
Embattled Bank of America CEO Ken Lewis agreed to give up his $1.5 million salary and other compensation for 2009. Lewis will repay the bank the more than $1 million that's been paid to him so far this year.
It is a tricky proposition, rewarding necessary risk-taking without encouraging excessive risk taking. This is the fine line the Obama administration, and Congress will be walking in their attempt to legislate compensation practices in the financials services industry.
Treasury Secretary Tim Geithner will unveil a four part plan to reform financial regulation when he testifies before the House Financial Services Committee Thursday.