Trump is trying blackmailing companies like Nordstrom...

[HipChick]

Trump is blackmailing companies like Nordstrom, showing he can crush their stocks w/ a single tweet if they dont do business w/ his family.


Kurt Eichenwald
@kurteichenwald

Trump is blackmailing companies like Nordstrom, showing he can crush their stocks w/ a single tweet if they dont do business w/ his family.
12:51pm · 8 Feb 2017 · Twitter Web Client

[OKNancy]

1. fortunately after a dip, the stock price quickly recovered n/t

[no_hypocrisy]

2. Trump's displeasure didn't affect Macy's. Why would it affect Nordstrom?

[bettyellen]

6. That would be beside the point- if we have an attack or go to war his influence will grow..

He's trying hard to create winners and losers not just among retailers but extending this to threatening senators. He's using his powers to bully people and enrich his family directly at the expense of the rest of us.

[fishwax]

3. fortunately for Nordstrom, their stock is up today

and after a quick drop following the little fella's tweet, their stock has bounced back even higher.

[MacLaughlinComm]

4. RE: Trump is trying blackmailing companies like Nordstrom...

The unfortunate reality is that now U.S. companies have to spend time and money planning how to protect themselves from a Trump Tweet.

http://www.chicagotribune.com/business/ct-crisis-communications-trump-tweets-0112-biz-20170111-story.html

https://www.bloomberg.com/view/articles/2017-01-23/how-companies-can-gird-for-a-trump-twitter-attack

[fleur-de-lisa]

7. Very true.

[mercuryblues]

5. you mean

dipshit is using his position of power to force a company to carry his daughter's clothing line? Who woulda thunk it?

Put's Nordstrom in a great position. carry his daughter's money losing clothing line or have trump tweet them into losing stock value.

Why would people buy her clothing line from Nordstrom, when they can buy it cheaper elsewhere? It is sold at Burlington coat factory, Stein Mart, Amazon, Ross, Sears, Designer Shoe Warehouse and many, many discount stores.

Or perhaps designers told them they would not have access to their lines, if they continued to sell hers. There are multiple lawsuits against her for stealing designs.