But a close examination of Mr. Goodman’s decades of work as a money guru reveals the many angles he worked. He made his living not just with books and speaking gigs, but as a paid ambassador for companies offering financial services. The companies Mr. Goodman endorsed were a motley assortment, strange bedfellows for a man who made his bones at one of the country’s most respected financial publications. He had financial relationships with companies that promise to settle your debts for pennies on the dollar and allow you to borrow money using fine art and luxury handbags as collateral. These arrangements often made Mr. Goodman what is known as an affiliate, which enabled him to earn a commission for each new customer he helped those companies land.

Source: New York Times March 01, 2019 18:38 UTC