Executives from almost a dozen top banks arrived at the White House - ready for some sharp criticism.Three more were on the phone, they said inclement weather kept them from flying to Washington. President Obama summoned them all for an hour-long summit aimed at convincing them to step up lending -- and, agree to new regulations.But, the bankers weren't too supportive of a new plan that increases the government's role as regulator.CBS News Correspondent Joel Brown reports from the White House.President Obama's message to banking executives is clear: you were part of the financial downfall. Now, you need to be part of the solution. He called leaders from a dozen top banks to the White House for an hour-long summit.(SOT: PRESIDENT OBAMA / FROM 60 MINUTES) - "I DID NOT RUN FOR OFFICE TO BE HELPING OUT A BUNCH OF -- YOU KNOW FAT CAT BANKERS ON WALL STREET."The President is unhappy that some banks paid back their bailout loans... so they could go back to their old ways and hand top executives millions of dollars in bonuses. He also pushed banks to lend more money to credible small businesses.(SOT: LARRY SUMMERS / WHITE HOUSE ECONOMIC ADVISER / FROM: ABC'S THIS WEEK) - "THEY NEED TO RECOGNIZE THAT THEY'VE GOT OBLIGATIONS TO THE COUNTRY AFTER ALL THAT'S BEEN DONE FOR THEM, AND THERE IS A LOT MORE THEY CAN DO."(STANDUP BRIDGE: Joel Brown / CBS NEWS / THE WHITE HOUSE) - "bank executives arrived at the White House ready for the criticism -- and, ready to make a point of their own: they think it's unfair for the Administration to say their industry opposes new regulations up for debate in Congress."The bankers insist -- they have the same goals as the Obama administration... But, they see a different way of getting there. They say the market provides consumers with the best protection, not more government regulation.That's an idea Republicans support.(SOT: REP. ERIC CANTOR / R - VIRGINIA / FROM: ABC'S "THIS WEEK") - "WASHINGTON HAS GOT TO STOP ITS ACTIVISM AND START TO GET SOME COMMON SENSE BACK INTO THE REGULATORY MODE."But -- top White House aides argue... without changes the country could face 'another' financial meltdown.Joel Brown, CBS News, The White House.