AIG, the troubled insurer that the Feds bailed out to the tune of $85 billion in September, was accused by Rep. Elijah Cummings (D-Maryland) of "stonewalling" Congress when AIG said it couldn't come to D.C. for a meeting to discuss executive pay last week. Now AIG CEO Edward Liddy tells CNBC that Cummings didn't give him enough time to prepare, "I got a letter on Tuesday asking for more information. We simply couldn't provide the information in time for a meeting on Thursday." Liddy, who said AIG has been "very transparent," also said that retention bonuses were important for keeping employees, "If we don't do that, we will not be able to pay back the federal government." Related: The AP tallies how many private jets are owned by financial firms that received bailout money, noting that while automakers are getting nailed for private jetting, Wall Street firms still are (AIG has 7 private jets).