Editor's Note
W. Bartley Hildreth

Public Finance Challenges and Opportunities for Resolution
Vinson & Elkins, LLP, Paul S. Maco, Jane L. Vris and William L. Wallander

The Cost of Boosterism:
Economic Development, Growth Management, and Municipal Bond Ratings
Skip Krueger, Christopher V. Hawkins, and Robert W. Walker

Lessons from MARS!
Were Municipal Auction Rate Securities a Financial Innovation? Conflict of Interest, Lack of Transparency, and Agency Costs in the MARS Mark
Charles W. Cole

Preliminary Observations on the Dodd-Frank Wall Street Reform and Consumer Protection Act as it Applies to the Municipal Securities Market
Robert W. Doty