If this was an industry-wide thing, I could understand considering a bailout. In this instance, it is mainly one company that is causing the issue so letting the market fix this makes sense. SW is getting publicly humiliated and ridiculed and their leadership absolutely deserve it.Or we could just stop bailing out anyone and let the market do its thing.
This should be a wake-up call across various industries on what happens when you don't invest in IT and other systems. Sadly, I doubt much changes in these companies.
Also, this will be a good opportunity for some updated regulation to happen in the industry. We've already seen some discussion of this already. It might help a little bit, at least.