First Liberty's collapse casts light on the patriot economy - SaportaReport

First Liberty's collapse casts light on the patriot economy - SaportaReport

We may not be used to thinking of it this way, but the collapse of First Liberty Building and Loan and the resulting political fallout is a national story of some importance. According to the suit filed by the U.S. Securities and Exchange Commission, the Newnan-based lending company bilked some 300 investors from across the country out of $140 million. An analysis by the Atlanta Journal-Constitution has so far found $1.4 million in contributions…