News Thomas Perkins, who is thought to be worth around $8bn, made the startling comparison in a letter to The Wall Street Journal

Billionaire venture capitalist admits Kristallnacht was a "terrible word" to use but defends war on the rich remarks

Paul Hart gets Pompey cash promice

Portsmouth owner Sulaiman Al Fahim insists there will be money for manager Paul Hart to spend when the January transfer window opens.

AC Milan dismiss takeover talks

AC Milan vice-president Adriano Galliani has dismissed reports that the Rossoneri could be on the verge of a takeover.

Milan confident of Beckham return

AC Milan remain confident of sealing their loan move for England midfielder David Beckham to return to the San Siro in January.

Taylor denies Eduardo punishment had 'Scottish influence'

Uefa's general secretary David Taylor has insisted there was no 'old pals' act' surrounding the disciplinary action against Arsenal striker Eduardo for diving against Celtic.

Bloomberg's solution to the homeless problem: a one-way ticket out of New York

Mayor has shelled out for tickets to as far away as Paris and Johannesburg

Litigation may threaten Hobbit films

New Zealand film-maker Peter Jackson may have more in common with JRR Tolkien's heirs than he thought - they are also complaining about big studio accounting methods.

Claire Beale On Advertising: Whisper it, but it looks like we might survive

Eavesdrop on any adland lunch table chat right now and you’ll find that confidence is creeping back onto the menu. We’ve hit recession’s rock bottom and now we’re on the (slow) bounce. And it’s not just wishful thinking. We have facts.

Beckham braced for hostile MLS return

David Beckham should brace himself for a hostile reaction from some fans when he returns to action in Major League Soccer this month, the top man in the American game has warned.

Treasury rejects move to reveal bank stress tests

The Government has refused to release details of the "stress tests" it has conducted on Britain's banks.

First item on the agenda: fixing the world

Richest philanthropists join forces to help charities struggling through recession

Blue chips see best month in six years

The FTSE 100 rounded off its best month since 2003 and entered bull market territory, which is defined as a 20 per cent rise from recent lows, for the first time last night since the onset of the financial storm.

Kuwaitis aim to reignite deal to buy into Liverpool

A Kuwaiti takeover of Liverpool looks less than imminent, with differences now emerging between members of the original consortium believed to be involved.

Liverpool sale dealt negotiations blow

The Liverpool owner's attempts to sell the club have been dealt a blow after a Kuwaiti investment consortium interested in buying the club said negotiations were "going really badly".

WPP's knight foresees early dawn and many rising stars in the East

Sir Martin Sorrell is the most powerful Briton in the world of advertising. He tells Ian Burrell how his WPP Group will beat the downturn

Mayor praises captain who was last to leave sinking plane

The Mayor of New York, Michael Bloomberg, said the US Airways pilot who landed a plane safely in the freezing Hudson river did a "masterful job".

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