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November 25, 2008: AIG Sets CEO’s Salary at $1

Recently bailed-out insurance giant AIG sets the salary of its Chief Executive Officer Edward Liddy at $1 for 2008/9. It also freezes pay and scraps bonuses for its seven most senior executives. (Bloomberg 3/5/2009) In addition, 50 more AIG executives will be locked out of pay rises in 2009. (Reuters 4/17/2009)


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