The government may require new faces in executive suites at banks requiring " exceptional assistance " in the future , Treasury Secretary Timothy Geither said Sunday .
Critics of the Obama adminstration's move last weekend to force out the chairman of Gernal Motors Corp , Rick Wagoner , as a condition for possible addititonal federal loans say strong government intervention contrasts with measures placed on the finnacial industry in return for billions in infusions .
Geithner denied there was double standard and put banks on notice they may need to change leadership in exchange for accepting more money .
" If , in the future , banks need exceptional assitance in order to get through this , then we'll make sure the assistance comes with conditions , not just to protect the tax-payer but to make sure this is the kind of restructuring necessary for them to emerge for them to emerge stronger " he told " face the nation " on CBS .
"And where that requires a change of management of the board , we'll do that ".
by the associated press
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