James P. Hoffa the worst freight recession in generations. Hoffa and the Teamsters were credited in several news reports for helping YRC avert bankruptcy. Bloomberg said Goldman Sachs helped YRCW complete the debt swap after the 'Teamsters Union said the bank was trying to profit from a failure of the largest U.S. trucker by sales." Hoffa was re-elected to a fourth term heading the Teamsters Union in November 2011. He won nearly 59 percent the vote for another five-year term. The three-way race was between Hoffa, Fred Gegare and Sandy Pope. Gegare is a Wisconsin Teamster, trustee on a pension fund and a
Jimmy Hoffa he was told that Hoffa was cremated after the murder. Sheeran also confessed to reporters that he murdered Hoffa. Blood found in the Detroit house where Sheeran claimed the murder happened was determined not to be Hoffa's. On June 16, 2006, the "Detroit Free Press" published in its entirety the so-called "Hoffex Memo", a 56-page report the FBI prepared for a January 1976 briefing on the case at FBI Headquarters in Washington. Although not claiming conclusively to establish the specifics of his disappearance, the memo records a belief that Hoffa was murdered at the behest of organized crime figures who