Politics 24 May 2013 “Failed banks have to be allowed to exit the market” Business quote of the day. Sign up for our weekly email * Print HTML “Failed banks have to be allowed to exit the market” Dr Josef Ackerman, chairman of Zurich Insurance Group, says the failure to allow the market to correct has led to a prolonged recession. › Yahoo buying Tumblr? It's just the start Photograph: Getty Images Helen Roxburgh is the online editor of Economia Subscribe from just £1 per issue More Related articles Jeremy Corbyn has found a vulnerable spot on Theresa May and trade Politicians are worried that their pensions are destroying the planet. Is yours? Nap Store: Where did all these new mattress start-ups come from?