âIf I brought down the Mob,â the Rev. Al Sharpton demanded on Monday, âI want my ticker tape parade.â

The civil rights activist and MSNBC host was referring, facetiously, to TheSmokingGun.comâs meticulously detailed, epic account, rife with court documents and law enforcement sourcing, of Sharptonâs apparent four-year career in the 1980s as one of the FBIâs more valuable mafia informantsâa narrative that can best be described as The Sopranos meets American Hustle.
Itâs a colorful chronicle that features con men and homicidal hoodlums with nicknamesâas the Smoking Gun points outâsuch as âBenny Eggs,â âChin,â âFritzy,â âCorky,â and âBaldy Dom.â Also in the mix are famous performers like James Brown, the young Sharptonâs mentor and benefactor; Michael Jackson, Sammy Davis Jr., and rascally boxing promoter Don King, another associate of the fledgling Baptist minister.
The latest inconvenient revelation is another chapter of Sharptonâs checkered past coming back to haunt himâor maybe just throwing into sharp relief his amazing rise from rabble-rousing street preacher to member of the Democratic Party establishment as well as anchor of his own weeknight MSNBC program, PoliticsNation. MSNBC had no response to the Smoking Gunâs story. Yet a screaming headline on the Drudge ReportâSHARPTON WAS FBI MOB RATâwas hardly an auspicious way to begin a momentous week.
On Friday, President Obamaâwho has hosted Sharpton repeatedly at the White House, including at a recent dinner for the president of Franceâis scheduled to address the civil rights entrepreneurâs National Action Network convention at Manhattanâs Times Square Sheraton, where Education Secretary Arne Duncan and New York Mayor Bill de Blasio, among other political and media luminaries, are also expected to kiss the ring during the 4-day confab.
In an interview with The Daily Beast, Sharpton called the Smoking Gunâs storyâversions of which have been circulating in the media for the past 26 yearsââembellished,â âa stretch,â and âcrazy.â He denied that he ever knowingly snitched on wiseguys for the FBI.
But William Bastone, the Smoking Gunâs founder and the storyâs author, insisted: âIf he didnât think he was an informant, the âGenovese squadâ of the FBI and NYPD officials sure knew him to be an informant. He was paid to be an informant, he carried a briefcase with a recording device in it, and he made surreptitious tape recordings of a Gambino crime family member 10 separate times as an informant. He did it at the direction of the FBI, he was prepped by the FBI, was handed the briefcase by the FBI and was debriefed after the meetings. Thatâs an informant.â
Bastone reported that Sharpton secretly taped Gambino family member Joseph Buonanno, who went by âJoe Bana,â in ten face-to-face meetings as the mobster gossiped about blackmail, mob executions, shylocking and other criminal activities under the leadership of Vincent âChinâ Gigante. Sharpton, by most accounts a skilled interlocutor who knew how to âplay dumbâ and draw out his conversation partners, received small payments from his FBI handlersâ âwalking around money,â Bastone wrote.
He cites several other instances in which Sharptonâs recordings and other tips, based on his business and social contacts with members of four of New Yorkâs five major crime families, led to wiretaps and convictions of key mobsters. One of them, Genovese soldier Federico âFritzyâ Giovanelli, was sentenced to 20 years behind bars for racketeering, in large measure because of court-approved wiretaps obtained with the help of Sharptonâs information.
Giovanelli, now 82 and three years out of prison, was in a joking mood when Bastone asked his reaction to the televisionâs hostâs hidden role in his prosecution: âPoor Sharpton, he cleaned up his life and you want to ruin him,â Fritzy chided Bastone with a laugh.
Indeed, at 59, Sharpton has proved himself a miracle-worker in the art of reinventionâor, as he put it on Monday, âIâve been able to make the transition, but I did it on my own.â He has, for one thing, shed half his 300-pound body weight since his troublemaking days as an angry outsider and exchanged those slovenly tracksuits for elegantly tailored duds. Hardly anyone, certainly no polite person, ever mentions the Tawana Brawley hoax anymore.
On Monday, however, Sharpton found himself doing energetic damage control regarding the Smoking Gunâs story. In interviews, he portrayed himself as a concerned citizen who, as a self-described âcivil rights kidâ of 29, reached out to the Feds after his life was threatened by mobsters, in order to expose a criminal conspiracy in the music business to cheat African American performers and promoters out of fair compensation.
He did so, he argued, at the risk of life and limbâand certainly thereâs little doubt what might have happened to him if his gangster contacts thought he was dropping a dime on them. Even Bastone seemed to acknowledge that with some of the targeted mob figures alive and kicking, simple prudence might make Sharpton believe he should continue to deny a secret arrangement with the FBI and stick to the cover story he included in his 1996 autobiography, Go and Tell Pharaoh, and last yearâs best-seller, The Rejected Stone.
âYes, youâd want to keep that on the QT,â Bastone said. âBut time has moved on from when he did it. Perhaps the danger has subsided.â Still, Barone said such concerns donât justify Sharptonâs âgoing out of his way to deny it.â
âI think they take a lot of leaps here,â Sharpton said about the Smoking Gun, which asserted that the young activist was âflippedâ by the FBI and coerced into being an informant after blundering into a sting operation in which an undercover agent, pretending to be a drug lord, got him on videotape apparently countenancing the idea of taking a 10 percent cut for helping in the importation of âpure cokeâ at $35,000 a kilo.
But the Smoking Gun concedes that a successful prosecution would have been iffy, at best, based on the video, in which Sharpton merely nodded, said âI hear you,â and speculated on the market needs of an unnamed buyer: âIf heâs gonna do it, heâll do it much more than that.â For years Sharpton has claimed that far from being intimidated by the FBI into becoming an informant, he dared the agents, âIndict me.â That never happened.
âThe government was trying to entrap a civil rights kid on some crimes that were never committed, and failed to trap him,â Sharpton said on Monday. âThatâs the unsaid part of it: Why did they go after Sharpton in the first place? What was the crime?â He added: âThe one interesting thing that weâre looking at, three decades later, is that no one can identify, with all of the documents Bastoneâs got, what it is they came after me for? There is no crime here.â