#5 Jeff Jarrett
Jeff Jarrett would be an interesting choice, but I think a good one to.
No one ever expected to see Jeff Jarrett ever make an appearance for WWE ever again, let alone working for them and being in the Hall of Fame, but here we are. I would love to see Jarrett as a WWE TV GM for a few reasons. When ol' Double J briefly returned to WWE TV last January, his appearances were well received by the fans, so I don't think the WWE faithful would have too much of an issue with seeing him back on a full time bases.
Charlotte Flair to return and wrestle a CURRENT CHAMPION?
As the founder of TNA Impact Wrestling, Jarrett would eventually find himself serving in an authority figure style TV role for the company in 2008 and he did pretty well with it. I think he could do a great job as GM of RAW or SmackDown if given the opportunity and much like former GM Kurt Angle, he could even get physical once in a while, which would bring great entertainment.