President adn CEo of General Motors Corp. (GM), Rick Wagoner will resign after receiving direct order from white house. US president, Barrack Obama will come out with further explaination and clarification on the Rick`s resignation.
A Group of new Directors will take into set on the largest US automobile driver soon as one of the objective for its major re-construction as to manage the issued bail-out from US government.
The sit will be taken over by Fritz Henderson
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