1. Global Economic Watch Money and the Financial System December 14, 2009

2. CEO Meeting http://www.whitehouse.gov/ I've just finished a candid and productive meeting with the CEOs of 12 of our nation's largest financial institutions.

3. Bank Credit

4. Lending Bank of America Pledges to Increase Small and Medium Business Lending CHARLOTTE, N.C., Dec. 14 -- Bank of America today announced that it has pledged to increase lending to small- and medium-sized businesses by at least $5 billion in 2010 over 2009's results.

5. Write Off Real estate loansConsumer loans Total loans and leases AllResidential 1 1 Commercial 2 2 AllCredit cardsOther 2009:32.67 2.73 2.75 6.17 10.32 3.41 3.14 2009:22.48 2.65 2.32 6.02 9.87 3.34 2.91 2009:11.80 2.06 1.44 5.09 7.65 3.21 2.28 2008:41.96 1.80 2.45 4.36 6.19 3.10 2.16 2008:31.49 1.66 1.28 3.68 5.55 2.52 1.64 2008:21.22 1.32 1.12 3.38 5.39 2.17 1.38 2008:10.80 0.96 0.52 3.10 4.63 2.10 1.09 2007:40.45 0.49 0.39 2.89 4.11 2.08 0.93 2007:30.23 0.27 0.14 2.60 4.05 1.65 0.66 2007:20.16 0.19 0.10 2.40 3.82 1.45 0.57 2007:10.14 0.16 0.10 2.48 3.94 1.48 0.56

6. Discussion Why bank CEOs were invited to the White House? Why conventional monetary policy is ineffective today? What can be done to make loans available to small businesses? http://www.whitehouse.gov/