ENTERTAINMENT
by b staff | @bthesite and b free daily | March 22, 2010
1. Alicia Keys at 1st Mariner: Robin Thicke (my favorite male singer) and Melanie Fiona (one of my latest favorites) open up for my all-time favorite: Ms. Alicia Keys. (I guess I have lots of favorites.) Anyway, I'm super excited for this! I had my tickets weeks ago. 7:30 Wednesday. Tickets start at $39.50. AUBREY FORNWALT, B 2. She & Him, Volume 2 : I can't get enough of Zooey Deschanel -- in movies or in music. So if She & Him's second album, dropping Tuesday, is anything near as good as the first, I'm sure to be happy with the results.
BUSINESS
By Eileen Ambrose and Eileen Ambrose,eileen.ambrose@baltsun.com | May 2, 2009
1st Mariner Bancorp said Friday that it lost $3.1 million for the first quarter, or 48 cents per share, as the Baltimore company continued to see deterioration in its real estate loan portfolio. For the corresponding quarter last year, 1st Mariner lost $3.278 million, or 52 cents per share. Nonperforming assets in the first quarter rose to $65.1 million, or 4.72 percent of total assets, up nearly $25 million from a year earlier. That increase is largely due to bad loans in residential construction and development.
BUSINESS
By Jay Hancock | September 23, 2009
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. Hale and other dissident shareholders took over the board, pulled the bank from a pit and made millions of dollars when they sold it to First Fidelity a couple of years later. Now that 1st Mariner Bank is in the same flavor of soup, Hale is suggesting he can pull off a similar rescue.
NEWS
By Sam Sessa and Sam Sessa,sam.sessa@baltsun.com | September 26, 2009
Bruce Springsteen fans snapped up all the tickets for The Boss' 1st Mariner Arena show in a mere 20 minutes, officials said Friday. For the record, that's about 15 minutes faster than pop star Hannah Montana, according to Frank Remesch, the arena's general manager. The roughly 14,400 tickets for Springsteen's Nov. 20 show sold out without a major hitch, Remesch said. The night before the tickets went on sale, he worried it wouldn't sell out, thereby proving Baltimore's reputation as a second-tier tour stop.
NEWS
By Jill Rosen and Childs Walker and Jill Rosen and Childs Walker,SUN REPORTERS | May 15, 2007
First Mariner Arena, Baltimore's largest indoor entertainment venue, has "served its useful life," and the city must build another before it starts losing events, a new report warns. Though the 45-year-old arena has recently boasted such draws as the Rolling Stones and the Miss USA pageant, an analysis released yesterday suggests that a more modern setting would attract minor league sports teams and bolster the appeal of downtown's west side.
BUSINESS
By Hanah Cho and Hanah Cho,hanah.cho@baltsun.com | September 22, 2009
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 Federal Deposit Insurance Corp. and Maryland Division of Financial Regulation issued a "cease and desist" order Friday, according to documents filed Monday with the Securities and Exchange Commission, requiring 1st Mariner to devise a plan to improve its capital, liquidity and earnings and deal with problem loans.