Wicki-wicki accounting schemes are as old as business itself. Blaming Clinton is fun and self gratifying for conservatives, but the fact remains that there was intense pressure to make a profit by these companies. As long as competitive pressures aren't too high or the economy keeps growing, these schemes will ususally hold up. But a blip.....and kaboom. And as a side bar, could you imagine the cries of socialist government interference had the Clinton administration tried to curb any of these practices?
As I said, it's fun to pile on someone who is our ideological enemy. But what was our excuse in the mid 80's to early 90's when the same practice was going on and one of our own was being blamed by the libs for executive office inaction?