The money did not go directly in to his pocket but it looks like some did go indirectly in to his pocket and perhaps directly in to the pockets of his friends. Most of it went to special programs "for minorities" but of course Jesse is involved in many of those.
"Some of the allegations which are covered in the book Shakedown: Exposing the Real Jesse Jackson by Kenneth R. Timmerman include:
During the late 1990s , it was revealed that Jackson's sons and Jackson himself would protest against large businesses until the business 'paid' a donation to one of Jackson's tax exempt corporations.
On several occasions, Jackson publicly opposed a major corporate merger until one or both of the merging companies 'paid' a donation to Jackson's tax exempt corporations. "
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"Once corporations have yielded to Jackson's threats of bad publicity, Jackson and his organizations get huge kick-backs from his friends or the companies he recommends.
Timmerman gives the merger between GTE and Bell Atlantic (now Verizon) as an example.
When the merger was first announced, Jackson was strongly against it. He approached the companies and told them he would make problems for them with the FCC unless they gave some of Jackson's organizations money.
All of a sudden, Jackson's organizations received hundreds of thousands of dollars from GTE and Bell Atlantic, and Jackson changed his position on the merger. African-American publisher Hurley Green said in a May 1988 article from The New Republic, "Any time Jesse shows up now, it's going to cost you.""
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" From the beginning, Jackson's economic campaign has been somewhat tenuous morally, mainly because his dealings with business look so much like shakedowns. Typically, Jackson will target a corporation whose allegedly unfair, or even racist, practices have gone unaddressed until discerned and publicized by him. A deadline is set, by which time the company is to either remedy its offending policies or face a Jackson-led boycott and a negative publicity campaign. Stunned company officials often respond defensively to this ultimatum at first, stoutly proclaiming their corporate devotion to diversity and tolerance. Then there is a period of negotiation, followed by a breakthrough and, finally, resolution. Jackson praises the company's progressive journey, and relieved executives announce plans to become even more diverse and tolerant, by directing business toward minority banks, contractors, consultants, advertising firms, and so on.
Often, a contribution is also made to one of Jackson's organizations (among them the Rainbow/PUSH Coalition and the Citizenship Education Fund), and usually the black-owned businesses that benefit from Jackson's campaign become Rainbow/PUSH benefactors and personal associates of Jackson's, if they aren't already. When A.T. & T. and TCI announced merger plans two years ago, Jackson opposed the deal until the companies hired a minority-owned investment bank (Blaylock & Partners) to float an eight-billion-dollar bond offering. The Chicago Sun-Times reported that when Jackson rescinded his objection A.T. & T. donated four hundred and twenty-five thousand dollars to Jackson's Citizenship Education Fund, and Blaylock gave thirty thousand dollars. That same year, according to the Washington Post, Jackson granted his support to the merger of the telecommunications companies SBC and Ameritech, which together gave half a million dollars to the Citizenship Education Fund.
Sometimes, Jackson or his family seems to benefit-at least, indirectly-from these dealings. In the nineteen-eighties, Jackson led a boycott against Anheuser Busch, the brewer of Budweiser, with the theme "Bud Is a Dud." Anheuser Busch later became a donor to the Citizenship Education Fund, and today much of the Budweiser quaffed in Chicago is distributed by Jackson's sons Yusef and Jonathan, and a third partner, who were granted a prized distributorship three years ago."
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