AIG Chief's New Salary: $1

Last week, we sent some some spray-on tanning lotion to Ed Liddy, AIG's embattled CEO, just to make up for the pricey junkets that are no longer available to senior execs at the company. But it looks like we may have to send him some coupons, too. Under pressure from Andrew Cuomo, the company has announced it will pay Liddy $1 a year in salary and will also freeze the salaries of seven other top executives. [Dealbook]