AFPonline.org features "ARS: Week After Failed Auctions, Liquidity Specialist Discusses Impact". The Association of Financial Professionals interviews Zachary Green, liquidity product specialist for Western Asset Management and Rob Amodeo, senior muni portfolio manager, about what they are hearing about auction rate securities (ARS). "Many of these clients have obviously been spooked by the recent wave of failed auctions and there is a flight to quality happening. They are focusing less on performance and yield and more on true safety and liquidity that they will find in the 2a-7 muni funds."