Sure they can recover but only if they don`t fork at all!!! they must let the system work suffer the price penalty over long period of time, maybe even again at 1$ and wait and develop
Or if they fork, trust is lost, it gone be overtaken with some clone for sure
If they don't fork, they will have lost trust. Especially since a lot of Eth notables were
curators for the DAO. It had all their rubber stamps of approval. And now the are facing a 150 million dollar boondoggle since the DAO code is still broke, and the mess cannot be fixed any other way.
https://blog.daohub.org/the-next-steps-786323e6fac9#.iz1mcre41Sorry, but the Ethereum foundation, encouraged this Frankenstein (theDAO) to be created. Expect the hoard of angry community members to storm the castle.