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SCHOOL CANCELLATIONS
Bears Stearns Cos.
First Mariner, Hale face future without each other
First Mariner, Hale face future without each other

Edwin F. Hale Sr. has always run headfirst into challenges. Walking away is not his style. But after years of trying to turn around the company he founded, that's what the First Mariner Bancorp chairman and chief executive agreed to do last week — part of a tentative deal to secure a desperately needed cash infusion of $160 million for the Baltimore institution. "He doesn't shy away from adversity," said Bel Air attorney John Nowicki, who went to Sparrows Point High School with Hale and bought stock in his bank — both years ago and in 2010. "I'm sure this is a heartbreaker for him." As Hale prepares to relinquish his leadership role, he...

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