<html><head><meta http-equiv="Content-Type" content="text/html charset=windows-1252"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><h5 class="rubric" style="border: 0px; margin: 0px; padding: 0px; outline: 0px; font-family: ny-irvin-1, 'Times New Roman', serif; font-weight: normal; color: rgb(205, 0, 33); font-size: 13px; text-transform: uppercase; text-align: left; ">LETTER FROM CALIFORNIA</h5><h3 class="header" style="border: 0px; margin: 0px; padding: 0px; outline: 0px; font-family: ny-irvin-1, 'Times New Roman', serif; font-weight: normal; text-align: left; "><a href="http://www.newyorker.com/reporting/2013/02/04/130204fa_fact_friend" style="color: rgb(0, 0, 0); text-decoration: none; outline: 0px; "><em class="de" style="display: block; float: left; margin-right: 3px; padding-top: 5px; text-indent: -9999px; background-image: url(http://www.newyorker.com/css/i/icons/lock.gif); background-attachment: scroll; height: 8px; width: 10px; background-position: 0px 2px; background-repeat: no-repeat no-repeat; "></em>Home Economics</a></h3><div class="text" style="border: 0px; margin: 0px; padding: 0px; outline: 0px; font-family: 'Times New Roman', serif; font-size: 15px; text-align: left; ">LETTER FROM CALIFORNIA about Steven Gluckstern’s solution for the foreclosure crisis. At sixty-one, Steven Gluckstern has extensive experience handicapping risk propositions on Wall Street. This past fall, Gluckstern, the chairman of a San Francisco-based group called Mortgage Resolution Partners, was in the midst of a tour of Southern…</div><div class="byline" style="border: 0px; margin: 0px; padding: 0px; outline: 0px; font-family: 'Times New Roman', serif; font-size: 15px; text-align: left; "><div class="contributors" style="border: 0px; margin: 0px; padding: 0px; outline: 0px; "><span class="contributor" style="font-size: 12px; font-family: neutra-2-text-n4, neutra-2-text-1, 'Times New Roman', Times, serif; text-transform: uppercase; margin-top: 3px; "><strong>BY </strong><a rel="author" href="http://www.newyorker.com/magazine/bios/tad_friend/search?contributorName=Tad+Friend" style="color: rgb(0, 0, 0); text-decoration: none; outline: 0px; ">TAD FRIEND</a></span></div></div><span style="font-family: 'Times New Roman', serif; font-size: 15px; text-align: left; "><br><br>Read more: <a href="http://www.newyorker.com/search?qt=dismax&sort=score+desc&query=home+economics&submit=#ixzz2JatX4i8b" style="color: rgb(0, 51, 153); text-decoration: none; outline: 0px; ">http://www.newyorker.com/search?qt=dismax&sort=score+desc&query=home+economics&submit=#ixzz2JatX4i8b</a></span><div>Along with this great cartoon.</div><div><img id="ea7d7ae7-67e0-4ca9-8a63-6ed010e333a1" height="731" width="869" apple-width="yes" apple-height="yes" src="cid:0BB87714-C614-4517-909B-2070C2608848@att.net"></div></body></html>