The meeting can appear to be a good way to reach consensus, to further a project or to check-in on the team. The problem is that the meeting is often only truly productive in terms of RoI for the person who called the meeting. For the other 8 perched on that conference call, sitting in that too small meeting room on a Monday morning their productivity has plummeted.
Meetings tend to be more productive with fewer people, a shorter length of time, clear objectives, agreed and noted actions which are tracked and even everybody standing up.
The worst reason for a meeting is 'that's what we do'.