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Re: BullNBear52 post# 63877

Monday, 06/16/2008 7:46:11 AM

Monday, June 16, 2008 7:46:11 AM

Post# of 577390
Rev. Al Sharpton Soaks Up Boycott Bucks

Sunday , June 15, 2008

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NEW YORK, New York —
Anheuser-Busch gave him six figures, Colgate-Palmolive shelled out $50,000 and Macy's and Pfizer have contributed thousands to the Rev. Al Sharpton's charity.

Almost 50 companies - including PepsiCo, General Motors, Wal-Mart, FedEx, Continental Airlines, Johnson & Johnson and Chase - and some labor unions sponsored Sharpton's National Action Network annual conference in April.

Terrified of negative publicity, fearful of a consumer boycott or eager to make nice with the civil-rights activist, CEOs write checks, critics say, to NAN and Sharpton - who brandishes the buying power of African-American consumers. In some cases, they hire him as a consultant.

The cash flows even as the US Attorney's Office in Brooklyn has been conducting a grand-jury investigation of NAN's finances.

A General Motors spokesman told The Post that NAN had repeatedly - and unsuccessfully - asked for contributions for six years, beginning in August 2000.
http://www.foxnews.com/printer_friendly_story/0,3566,367190,00.html


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