It used to be used in such a way, but we've all... let's say outgrown that usage. Now we use it to mean something like... selfish, flippant, and fun. A balance to someone we might call good; an honest, compassionate, and rigid type of person.

[one guess as to who is who in this dynamic, dude]

We are all complex beings, rare does someone ever fall completely to one type. I'm sure you understand. [like Ives said, it's cheeky, not fully accurate or moralized]