BREAKING NEWS – New York City, New York – Reverend Al Sharpton finally admits that he was an FBI informant in the mid-1980’s code named “C1-7”, and secretly recorded Mafia bosses and other underworld figures for an FBI-NYPD crime task force. George Venizelos Assistant Director in Charge – New York Field Office of the FBI, also commented stating that the “C1” in “”C1-7” normally stands for “confidential informant”, but in Sharpton’s case it stood for “chubby idiot”.