Won't the real US please stand up?

Why aren't we outraged about the financial crisis - specifically the huge paychecks these guys/gals are (still) getting. Personally, being a bit of a socialist, I've always said they get paid too much/not taxed enough.

But a friend recently said something interesting while I was venting about executive pay and the lack of outrage. Maybe we aren't actually that outraged? Well, not exactly. His theory is that, put in the same situation, none of us would behave all that differently. The American dream is to be at the top of the pile, raking in the dough. Given the choice between doing the responsible thing, or taking home the big check, might we all do the latter? Are we not outraged, or do we have some seriously broken morals?