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NEWS
By DAN BERGER | November 17, 1993
How come Al Lerner wasn't in this thing to start?NAFTA stands for free trade in congressional votes.Clay Mitchell is one House speaker who doesn't want to be governor, or anything.Puerto Ricans have seen statehood at work elsewhere and want no part of it. Washingtonians, take note.If the GRE test is computerizing, the PSAT cannot be far behind.A great international conference about legalizing drugs is taking place in Baltimore but, sorry, without free samples.
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BUSINESS
By BLOOMBERG NEWS | November 6, 2002
WILMINGTON, Del. - MBNA Corp.'s board appointed director Randolph Lerner as chairman and Charlie Cawley, the second-biggest credit-card issuer's president, as chief executive officer yesterday. The two men succeed Al Lerner, Randolph's father, who died of brain cancer at age 69 last month. He also owned the Cleveland Browns professional football team. Randolph Lerner, 40, has been on the board since 1993 and is a partner at the investment management firm Securities Advisors L.P., the successor of R.D. Lerner Securities Inc., which he has managed since September 1991, according to a filing with the U.S. Securities and Exchange Commission.
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BUSINESS
By BLOOMBERG NEWS | November 6, 2002
WILMINGTON, Del. - MBNA Corp.'s board appointed director Randolph Lerner as chairman and Charlie Cawley, the second-biggest credit-card issuer's president, as chief executive officer yesterday. The two men succeed Al Lerner, Randolph's father, who died of brain cancer at age 69 last month. He also owned the Cleveland Browns professional football team. Randolph Lerner, 40, has been on the board since 1993 and is a partner at the investment management firm Securities Advisors L.P., the successor of R.D. Lerner Securities Inc., which he has managed since September 1991, according to a filing with the U.S. Securities and Exchange Commission.
SPORTS
By Mike Preston and Mike Preston,SUN STAFF | September 28, 1999
One day after the Cleveland Browns left town, the self-imposed gag rule on Ravens owner Art Modell was lifted as far as talking to the national media. The former Browns owner said yesterday he was no more excited about defeating Cleveland, 17-10, Sunday than winning any other game, and was optimistic about the team's future under first-year coach Brian Billick.Modell said he was happier for Billick than himself because it was Billick's first win of the regular season. Modell said he didn't talk to the media because he didn't want to become the focus of the contest, and he was glad the game was over.
SPORTS
By Mike Preston and Mike Preston,SUN STAFF | September 28, 1999
One day after the Cleveland Browns left town, the self-imposed gag rule on Ravens owner Art Modell was lifted as far as talking to the national media. The former Browns owner said yesterday he was no more excited about defeating Cleveland, 17-10, Sunday than winning any other game, and was optimistic about the team's future under first-year coach Brian Billick.Modell said he was happier for Billick than himself because it was Billick's first win of the regular season. Modell said he didn't talk to the media because he didn't want to become the focus of the contest, and he was glad the game was over.
BUSINESS
By David Conn and David Conn,Staff Writer | June 6, 1993
Alfred Lerner, the chairman of MNC Financial Inc., has bee hailed by many as one of the brightest businessmen this town has ever seen, and vilified by some as the epitome of greed. Sometimes both at once.The taciturn Cleveland resident helped Equitable Bank more than double in size and vastly improve profitability after he bought 27 percent of the company in 1981. And he is credited with rescuing MNC and its subsidiary banks from a federal takeover.But Mr. Lerner's final act, the proposed sale of MNC to NationsBank Corp.
SPORTS
By JOHN STEADMAN | November 19, 1993
Observing from the sidelines, while one of his best friends is caught in the cross-fire of a controversy he didn't instigate, causes Art Modell to go on the offense. He doesn't believe Al Lerner, like himself a poor kid from Brooklyn, who came up the hard way to become one of America's most respected business leaders, deserves to have his integrity impugned.Modell, owner of the Cleveland Browns and frequent visitor to Baltimore, is aware that Lerner has been anointed by Gov.William Donald Schaefer to lead Baltimore's effort to gain a National Football League expansion franchise.
SPORTS
By John Steadman | November 19, 1993
Art Modell, owner of the Cleveland Browns and a member of the NFL expansion committee, criticized Leonard "Boogie" Weinglass for charges he made in an open letter to fans that ran as a full-page ad in The Sun and The Evening Sun on Wednesday.Weinglass heads one of three ownership groups pursuing a team for Baltimore.In the letter, Weinglass said he was "shocked and hurt" when Alfred Lerner applied to become the third ownership group on Monday and was endorsed by Gov. William Donald Schaefer.
SPORTS
By Vito Stellino and Vito Stellino,SUN STAFF | September 8, 1998
CHICAGO -- "Do I hear $350 million?""Do I hear $400 million?""Do I hear $450 million?"Do I hear "There really won't be an auctioneer pounding a gavel and asking for bids today when the NFL owners meet to pick an owner for the new Cleveland Browns franchise.In effect, though, the NFL is auctioning off an expansion franchise for the first time because it is asking the four finalists to bid for the team.The bid estimates have ranged from $450 million -- which was recently bid for the Washington Redskins -- to $1 billion.
SPORTS
By Ken Rosenthal and Ken Rosenthal,SUN COLUMNIST | September 6, 1998
In the bitter aftermath of Baltimore's expansion defeat, former Gov. William Donald Schaefer issued a warning to NFL commissioner Paul Tagliabue.Schaefer said that if Tagliabue ever attended another baseball game at Camden Yards, "I'm going to have it announced on the loudspeaker that we have the commissioner of football in Seat 10, Row 14."Five years later, with Baltimore's NFL odyssey having come full circle, Tagliabue's insult can not, will not, be forgotten.If only Schaefer could be governor again for a day.We have the commissioner of football attending the Ravens' opener against Pittsburgh, but the sellout crowd at the new stadium won't even get to see him.Won't get the chance to stand up and boo the arrogant suit who told us to build a museum.
NEWS
By DAN BERGER | November 17, 1993
How come Al Lerner wasn't in this thing to start?NAFTA stands for free trade in congressional votes.Clay Mitchell is one House speaker who doesn't want to be governor, or anything.Puerto Ricans have seen statehood at work elsewhere and want no part of it. Washingtonians, take note.If the GRE test is computerizing, the PSAT cannot be far behind.A great international conference about legalizing drugs is taking place in Baltimore but, sorry, without free samples.
BUSINESS
By David Conn and David Conn,Staff Writer | June 6, 1993
Alfred Lerner, the chairman of MNC Financial Inc., has bee hailed by many as one of the brightest businessmen this town has ever seen, and vilified by some as the epitome of greed. Sometimes both at once.The taciturn Cleveland resident helped Equitable Bank more than double in size and vastly improve profitability after he bought 27 percent of the company in 1981. And he is credited with rescuing MNC and its subsidiary banks from a federal takeover.But Mr. Lerner's final act, the proposed sale of MNC to NationsBank Corp.
SPORTS
By Jon Morgan and Jon Morgan,SUN STAFF | July 31, 1997
Al Lerner, the longtime partner of Ravens owner Art Modell who was closely involved in Baltimore's NFL effort during the past decade, might soon sell his stake in the team.The two men had a falling out after the team moved to Baltimore, but acquaintances say they are now on better terms. Nonetheless, the Cleveland-based Lerner, who has expressed an interest in owning an expansion team should one be awarded to Cleveland, is negotiating a sale of his shares to the Modell family."We are having discussions that hopefully will lead to a friendly parting of the ways," Modell said yesterday.
SPORTS
By Bill Tanton | November 30, 1993
The NFL owners who met near Chicago today to vote on expansion would be surprised if they knew how Baltimoreans have come to feel about all this."I don't think anybody cares any more," says Chris Hutchins, who owns and operates Bacharach Rasin sporting goods.Hutchins is no disinterested bystander. Not ordinarily. This man loves sports.He put up his money last summer to buy club seats in case the NFL does come back. He went to the USAir Arena last Friday and was thrilled by Maryland's upset win over Georgetown in basketball -- even though he's a North Carolina grad.
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