January 4, 2015

How Al Sharpton Makes Money From Corporations




Does that mean that Obama, Holder, Jeh Johnson, Charles Rangel are not race hustlers?

[From article]
Want to influence a casino bid? Polish your corporate image? Not be labeled a racist?
Then you need to pay Al Sharpton.
For more than a decade, corporations have shelled out thousands of dollars in donations and consulting fees to Sharpton’s National Action Network. What they get in return is the reverend’s supposed sway in the black community or, more often, his silence.
[. . .]



“Al Sharpton has enriched himself and NAN for years by threatening companies with bad publicity if they didn’t come to terms with him. Put simply, Sharpton specializes in shakedowns,” said Ken Boehm, chairman of the National Legal & Policy Center, a Virginia-based watchdog group that has produced a book on Sharpton.
[. . .]
In 2008, Plainfield Asset Management, a Greenwich, Conn.-based hedge fund, made a $500,000 contribution to New York nonprofit Education Reform Now. That money was immediately funneled to the National Action Network.
The donation raised eyebrows. Although the money was ostensibly to support NAN’s efforts to bring “educational equality,” it also came at a time that Plainfield was trying to get a lucrative gambling deal in New York.
[. . .]



Sharpton raised $1 million for NAN at his 60th birthday bash in October, with donations rolling in from unions and a corporate roster of contributors including AT&T, McDonald’s, Verizon and Walmart.
Companies have long gotten in line to pay Sharpton. Macy’s and Pfizer have forked over thousands to NAN, as have General Motors, American Honda and Chrysler.
[. . .]
NAN had repeatedly and without success asked GM for donations for six years beginning in August 2000, a GM spokesman told The Post. Then, in 2006, Sharpton threatened a boycott of GM over the planned closing of an African-American-owned dealership in The Bronx. He picketed outside GM’s Fifth Avenue headquarters. GM wrote checks to NAN for $5,000 in 2007 and another $5,000 in 2008.
Sharpton targeted American Honda in 2003 for not hiring enough African-Americans in management positions.
[. . .]
Sharpton landed a gig as a $25,000-a-year adviser to Pepsi after he threatened a consumer boycott of the soda company in 1998, saying its ads did not portray African-Americans. He held the position until 2007

http://nypost.com/2015/01/04/how-sharpton-gets-paid-to-not-cry-racism-at-corporations/

How Sharpton gets paid to not cry ‘racism’ at corporations
By Isabel Vincent and Melissa Klein
January 4, 2015 | 12:23am
New York Post

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