John Aspinwall Roosevelt - Later Years

Later Years

In 1956, Roosevelt began consulting for the investment firm of Bache and Company, which he joined in 1967, retiring as a vice-president in 1980. At Bache, he managed the Teamsters Union pension funds and was a friend and vocal defender of Jimmy Hoffa until the latter's incarceration.

His philanthropic activities included serving as a fund raiser with the National Foundation for Infantile Paralysis, which his father had founded, membership on the executive committee of the Greater New York Council of the Boy Scouts of America and service as a trustee of the State University of New York.

Within three years of Eleanor Roosevelts's death, John divorced and remarried. In 1970, he sold the Val-Kill properties. Thereafter, he and his second wife lived on an estate in Tuxedo, New York. John Roosevelt died of heart failure in 1981.

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