Attention Wall Street Analysts: Go to Hell!

This is an interesting story about Costco and its chief executive, who insists on compensating employees well and not being over-compensated himself. I don't know everything about Costco -- surely many of its products are coming from factories around the world that don't treat employess as well -- but it's an interesting story to read.

Here's the remarkable quote from a Wall Street analyst, Emme Kozloff, an analyst at Sanford C. Bernstein & Company, who thinks the company is too "generous" with employees -- you know, the people who make the company (and its profits) possible:

"He has been too benevolent," she said. "He's right that a happy employee is a productive long-term employee, but he could force employees to pick up a little more of the burden." (my emphasis added)

And that's for a company already trading at 23 times earnings, where employees and customers are happy -- 44.6 million Americans, a whopping one in five adults, has a Costco card. A Wall Street analyst -- indeed, anyone in America -- who uses the phrase "force employees to pick up a little more of the burden" should be chased out of the country.