NEW YORK, Jan. 28 (UPI) -- Thomas Perkins, co-founder of the company Kleiner Perkins Caulfied & Beyers, apologized after receiving public backlash for comparing the building anger towards the rich and Wall Street to the Nazi persecution of the Jews.
After writing a three-paragragh letter in the Wall Street Journal in which he used the term Kristallnacht, Perkins apologized in an interview with Bloomberg's Emily Chang.
Perkins said he regretted using the term but also said, "I don't regret the message." The message to which he referred is the idea that the demonization of one percent by the ninety-nine percent is dangerous.
The central target of his letter was the Occupy movement that started in 2011 as a way to protest the growing inequality in the United States.