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Proposed downtown arena gets private financing commitment
Construction magnate Willard Hackerman has offered to finance and build an 18,500-seat arena in downtown Baltimore, civic leaders say, freeing taxpayers from having to foot the bill and significantly increasing the chances that plans for a $900 million...Tags: Corporate Officers, Regional Authority, Meyerhoff Symphony Hall, Inner Harbor, Donald C. Fry
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Lost 'Fortune'
Walk the streets of downtown Baltimore, and you might feel the presence of its corporate ghosts. On Gay Street, perhaps you'll meet Alexander Brown, the Irish immigrant who started the nation's first investment firm here more than 200 years ago.
Head...Tags: Medical Services, Corporate Officers, Manufacturing and Engineering, Under Armour Inc., Exelon Corp.
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Auditors raise doubts about First Mariner's future
Auditors have raised doubts about First Mariner Bancorp's ability to remain in business, according to financial statements that the largest Baltimore-based bank, founded by prominent businessman Edwin F. Hale Sr., filed with regulators late Thursday....Tags: Real Estate, Dundalk, Companies and Corporations, Finance, Accounting and Auditing
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Hale: First Mariner working with regulators despite doubts over future
First Mariner Bancorp Chairman and CEO Edwin F. Hale Sr. said Friday that the company is continuing to try to raise capital and to work with regulators who have put the largest Baltimore-based bank under heightened scrutiny for two years.
Hale was...Tags: First Mariner Bancorp, Companies and Corporations, Accounting and Auditing
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Baltimore tourism a big part of Schaefer legacy
April 18 was a sad day for Baltimore and for Maryland as we marked the passing of William Donald Schaefer. We would like to express our deepest sympathies to his family and friends and publicly express our eternal gratitude for the leadership and vision...Tags: Inner Harbor, Maryland, Baltimore Convention Center, William Donald Schaefer, Oriole Park at Camden Yards
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Should Hale still run the tourism board?
Your article "Inseparable, now separate" (April 24) suggests why Baltimore should have a new chairman of the Baltimore Convention Center and Tourism Board. Ed Hale couldn't run his own bank and had to sell his unit in Canton Square because of his...Tags: Michael Collins, Baltimore Convention Center, Elections, Real Estate, Canton Square
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First Mariner chief Hale's pay down slightly in 2010
First Mariner Bancorp Chairman and Chief Executive Edwin F. Hale Sr.'s compensation dipped slightly to $542,825 in 2010, the namesake bank holding company said Friday.
Hale's base salary remained unchanged at $522,000. He and other executives did not...Tags: First Mariner Bancorp
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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 —...Tags: Corporate Officers, Justice System, M.J. Brodie, Stock Market, Real Estate
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First Mariner faces capital raising deadlines
First Mariner Bancorp's deal with a New York investment firm that would give the Baltimore institution a much-needed cash infusion sets two key deadlines for the company to raise additional capital, according to regulatory filings released Monday....Tags: First Mariner Bancorp
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Hale facing long odds in bailing out 1st Mariner
The last time regulators ordered Ed Hale to fix a money-losing bank or have it seized by the government was the early 1990s.
The trucking executive had gained control of the Bank of Baltimore, which lent itself into trouble in the last real estate crash....Tags: Baltimore Blast, Real Estate, Canton (Baltimore, Maryland)
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1st Mariner Tower faces foreclosure
A French bank has begun foreclosure proceedings on 1st Mariner Tower at Canton Crossing as the recession and housing slump spread deeper from Baltimore banker and developer Edwin F. Hale Sr.'s banking business to his commercial real estate activities....Tags: Property, Corporate Office Properties Trust Inc., Exxon Mobil Corporation, Real Estate, Companies and Corporations
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1st Mariner oversight tightened
In the latest sign of trouble, 1st Mariner Bank said Monday that it has been placed under more intense federal supervision as Baltimore's largest independent bank continues to struggle with soured real estate loans and its inability to raise cash. The...Tags: Towson, Maryland, Mergers, Acquisitions and Takeovers, Crofton
May 25, 2011
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Apr 25, 2011
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Sep 23, 2009
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Sep 22, 2009
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