AIG's Liddy Says Would Like to Pay Back Government in 2009: CNBC

American International Group Inc (NYSE:AIG - News) CEO Edward Liddy on Monday, defending retention bonuses, says it's the only way to keep good people, in an interview on CNBC.

* AIG's Liddy says the company's done everything in a very transparent way-CNBC

* AIG's Liddy says, if we owe the federal government money, "we want to pay it back" -- CNBC

* Liddy says "we've laid out everything for lawmakers" -- CNBC

* CEO says "we're very encouraged by the level of interest" for assets-CNBC

* CEO says wants to get substantially more than 0.5 or 0.6 of book value for life insurers-CNBC

* CEO says would like to pay back government in 2009-cnbc

* Liddy says, "it's not our intent to hide anything or to frustrate members of congress" -- CNBC

* CEO says if capital markets, credit markets were to continue to deteriorate, 'it's anyone's guess' what could happen-CNBC

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