March 29 (Reuters) - General Motors Corp Chief Executive Rick Wagoner resigned under pressure from President Barack Obama's administration on Sunday as the U.S. government prepared to announce a second bailout for the company and its smaller rival Chrysler LLC. [ID:nN29306463] Wagoner took over as GM's CEO in 2000, overseeing a 95 percent decline in market value for the nation's largest automaker. GM has lost about $82 billion since 2005 when its problems began to mount in the U.S. market. ...
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