ed hale

Hale announced the creation of the Major Arena Soccer League at a news conference at Canton Dockside restaurant, a 24-team operation that includes teams from the Major Indoor Soccer League and the Professional Arena Soccer League.

1st Mariner's founder launched the Baltimore bank as an alternative to big, faceless, out-of-state institutions at a time when banks based somewhere else had rapidly gobbled up 30 percent of the Maryland market. Now out-of-state banks control 80 percent of the pie. But that change hasn't dampened the enthusiasm 1st Mariner's new buyers feel for the institution.

In a stunning reversal, the spurned bidder for 1st Mariner Bank got approval Tuesday to purchase it — preserving the city's largest independent bank as a Baltimore-based institution..

An all-out battle over Baltimore's last major independent bank broke out Monday in a contentious court hearing, leaving a judge to decide — potentially later this week — whether the institution is sold to an investment group with local ties or a Pennsylvania bank.

The Baltimore Blast, along with five other former Major Indoor Soccer League teams, have reached an agreement to partner with teams from the Professional Arena Soccer League to create a new league that is expected to consist of 20-plus teams throughout North America.

National Penn Bank — a regional bank that mostly operates in Pennsylvania — emerged as the highest bidder for 1st Mariner Bank Friday, dashing the hopes of group of investors who wanted the bank to remain based in Baltimore.

The Blast has been officially released from the United Soccer Leagues and its affiliate, the Major Indoor Soccer League, and the team is working on becoming part of a new, expanded league, Blast owner Ed Hale said Wednesday.

Baltimore Blast owner Ed Hale is pushing hard for the Major Indoor Soccer League to merger with the Professional Arena Soccer League.

1st Mariner Bank will be sold to a group of investors who will recapitalize it with about $100 million to meet regulatory standards, its parent company said Monday.

First Mariner Bancorp is facing a deadline after this year to pay millions in interest to investors or fall into default.

Two years after his departure from First Mariner Bancorp, the bank he launched and turned into city's largest, Ed Hale finds himself on the outside looking in.

After contract expired, naming rights are up for sale

M&T Bank Corp. executive Atwood "Woody" Collins III has replaced Edwin F. Hale Sr. as chair of the Baltimore Convention and Tourism Board, city officials said Monday

After several profitable quarters, First Mariner Bancorp reported Tuesday that it lost nearly $2.3 million in the first quarter as it disposed of bad loans and foreclosed real estate.

Compensation for First Mariner Bancorp's top executive reached $495,362 last year, about double from a year ago thanks to a bonus, according to a company filing with the Securities and Exchange Commission.

After scoreless first half, home team recovers to win the title at 1st Mariner Arena

Ed Hale knows what a championship team looks like. After all, he's seen the Blast bring home five of its six Major Indoor Soccer League titles since he became owner of the team.

Ed Hale, the Baltimore developer and former CEO of First Mariner Bancorp, on Monday filed a $5 million lawsuit against the operators of 1st Mariner Arena, alleging the company is illegally using billboards that belong to him.

Hale is proud of the activities his team brought to Du Burns Arena

Citing a soured relationship with city government, Edwin F. Hale Sr., the Baltimore trucking magnate, developer and former CEO of First Mariner Bancorp, said Wednesday that he has moved his businesses to Baltimore County.

Former player and assistant coach to be honored on Feb. 16

Sports on Earth writer says ending sports subsidies would bring us back from the edge

Current operator SMG is the winning bidder for a new five-year contract to run 1st Mariner Arena and oversee its potential renaming, according to a memo from the city's top purchasing agent.

First Mariner Bancorp announced Friday that it is dropping its agreement with New York investment firm Priam Capital Fund to invest $36.4 million in the Baltimore-based bank holding company, citing improved results.

In spite of its success, 1st Mariner Arena is in a period of transition that could lead, in the near future, to it being renamed, handed off to a new management company and even demolished.

The life of Cockeysville resident and Nacho Mama's owner Patrick 'Scunny' McCusker was celebrated in Baltimore in the days after his death.

Veteran Blast goalkeeper Sagu, a member of three championship teams in his eight seasons playing in Baltimore, announced he would not be returning to the team Monday.

For the second quarter in a row, Baltimore-based First Mariner Bancorp reported a profit.

Baltimore's Board of Estimates on Wednesday approved a six-month extension of naming rights for 1st Mariner Arena.

First Mariner Bancorp reported Wednesday its first quarterly profit in five years, posting net income of $1.8 million.

TSA displays contraband seized at BWI security checkpoints

The year 2011 as seen through the rear-view mirror, the high- and the low lights of the year in Baltimore and Maryland

First Mariner Bancorp's newly retired chief executive told regulators that he sold just over 1 million shares of company stock this week — for a grand total of $21,084.

Retiring First Mariner CEO and president Ed Hale made a lasting contribution to the Baltimore community

Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built from scratch and has struggled in the last several years to save from failure.

Jay Hancock: Jack Steil and Robert Kunisch, former executives from Mercantile Bankshares, have been consulting on a turnaround plan for 1st Mariner Bank.

By Jay Hancock

Dec 23, 2011

First Mariner Bancorp posted a $7.9 million loss in the third quarter as the Baltimore company continued to write down the value of distressed properties.

First Mariner Bancorp said Thursday that it has extended an agreement with New York investment firm, giving the Baltimore bank more time to raise much-needed capital to survive.

MISL has added stability, five new teams for 2011-12 season League has partnered with United Soccer Leagues

First Mariner Bancorp's stock has been delisted from Nasdaq Capital Market and shares will begin trading on the Over The Counter Bulletin Board starting Thursday, the Baltimore company said Wednesday.

First Mariner Bancorp's bleeding increased during the second quarter as continued write-downs on bad loans left the Baltimore company with $11 million in losses.

Baltimore's First Mariner Bancorp faces the first deadline to raise at least $70.3 million or more than $120 million by September to keep alive a capital deal that would ensure the company's survival.

Proposed downtown arena gets private financing commitment.

The announcement this week that Chicago-based Exelon Corp. has struck a deal to take over Constellation came as something of a psychic blow. If the $7.9 billion deal is approved, and the parent of local utility BGE is absorbed , then Baltimore will lose its sole remaining Fortune 500 headquarters.

William Donald Schaefer was buried Wednesday after a warm and often humorous service attended by much of Maryland's political establishment past and present as well as citizens who felt a personal kinship to the former mayor and governor