> But is this the time to rebuild the system?

Thing is, though, whenever this conversation is relevant (ie when the airlines need a bailout because of recession, whatever), you can always dodge the issue by saying "but we have too much going on right now for this".

> We should attach all kinds of strings to this bailout

Definitely. But normally what happens is that corporate lawyers are much smarter and more devious than government lawyers with the benefit of huge leverage and these strings get waived, ignored, litigated for years, etc.