This comes from WWE.com:
WWE.com has learned that former WWE Champion Kurt Angle has accepted
the job as SmackDown! General Manager.
In replacing Paul Heyman, Kurt Angle's first order of business was to
mold the SmackDown! roster to his liking. In an attempt to do so,
Angle has completed two trades with RAW General Manager Eric Bischoff.
The first trade sends F.B.I. member Chuck Palumbo and A-Train to RAW
for the combination of the sexy Miss Jackie and Rico.
The second trade is a blockbuster three-for-one deal. RAW's Eric
Bischoff has agreed to send the Dudley Boyz and Booker T to
SmackDown! in exchange for former World Heavyweight Champion Triple
H. This announcement comes straight off the heels of Triple H being
chosen by SmackDown! in the draft lottery just 24 hours prior.
Continue to check WWE.com for more information as it becomes
available