People as smart as Rubin, Clinton, and Greenspan knew this was bad policy. Greenspan famously encouraged ARMs before the crash. After his chairmanship he was

People as smart as Rubin, Clinton, and Greenspan knew this was bad policy. Greenspan famously encouraged ARMs before the crash. After his chairmanship he was amply rewarded. It could, of course, all be as you say and these are just instances of public servants doing what is in the public good who go on to get enriched by the industries their policies benefited. I don't think so though.