Trouble in business

Re/code reports that CEO Gurbaskh Chahal was Fired by RadiumOne Board. James Temple there said the news came “to precisely no one's surprise.” Nick Bilton at the New York Times explained it he’d been “charged with beating his girlfriend 117 times.” Jacquie McNish with Globe and Mail added: “His PR strategy almost as appalling as alleged crime.”

In what Lionel Barber calls a “brilliant letter,” one reader of the Financial Times “demolishes the idea of high pay and war for global talent in banking.”

Here’s that letter for you to read: Death spiral is a myth to perpetuate high pay. Clive Davis from The Times wondered if it’s from the “Dept of urban myths?”

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