LOS ANGELES-Just as she recently said to more than 2,000 taxpayers in Chicago, FDIC's Sheila Bair tells attendees at a Los Angeles event that a financial resolution mechanism is necessary.

LOS ANGELES-Dean Zander, a partner at Hendricks & Partners, speaks with GlobeSt.com's Ian Ritter at RealShare Apartments 2009.

LOS ANGELES-Dean Zander, a partner at Hendricks & Partners, speaks with GlobeSt.com's Ian Ritter at RealShare Apartments 2009.

LOS ANGELES-Michael Berman, chairman-elect of the Mortgage Banks Association and president of CWCapital, speaks to GlobeSt.com's Ian Ritter at Apartments 2009.

LOS ANGELES-Michael Berman, chairman-elect of the Mortgage Banks Association and president of CWCapital, speaks to GlobeSt.com's Ian Ritter at Apartments 2009.

LOS ANGELES-Greg Vilkin, president of MacFarlane Partners, speaks with GlobeSt.com's Ian Ritter about urban multifamily development at the Apartments 2009 conference.

LOS ANGELES-Greg Vilkin, president of MacFarlane Partners, speaks with GlobeSt.com's Ian Ritter about urban multifamily development at the Apartments 2009 conference.

LOS ANGELES-Doug Culkin, president of the National Apartment Association, speaks with GlobeSt.com's Ian Ritter at RealShare Apartments 2009.