Aren't those basically the very words that the Clintons used to described the Reagan/Bush 41 years? Odd that worse corruption would happen under their "reign," isn't it? Especially when you factor in that THEY profited heartily, eve if it was "in kind."
I believe a case can be made that people thought anything was okay during the Clinton administration. After all, Clinton got away with it, didn't he?
Accounting crimes were committed because the people involved were greedy criminals.
The fact that they got away with it for so long was due to shoddy enforcement of the laws by people in his administration.
Most CEO and other corporate officers are not stupid enough to decide to break the law because a group of gutless politicians exhibited profound weakness when it came to punishing a fellow politician. The two issues are not even remotely related.