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Why someone new bought this land just down the road. water asset management owns that property. reporter: when you first heard of them, what was your reaction. surprise and concern. they are concerning because they re large. reporter: water asset management is a new york investment firm with offices inside this building. in the past five years, it has bought at least $20 million worth of land in western colorado. these are folks that have identified the drought as an opportunity to make money. reporter: an dimueller s job is to protect colorado s share of the river. asset management have acquired 25 million acres of land with water rights with it. in an attempt to not use the water and send it downstream for money. i view them as vultures. reporter: that s prett d i pres o wreques an i ....
0 cbs local news is on now. go out and surv captioning sponsored by cbs garrett: tonight, 36 million americans facing winter storm threats from texas to west virginia. at least two killed after freezing rain and ice caused deadly pileups across the lone star state. dangerously cold temperatures hit the midwest before moving into the northeast. cbs s omar villafranca has details on this dangerous ice storm. george santos recuses himself. the embattled republican temporarily steps down from two congressional committees amid a flurry of investigations. what are you saying about the decision. trump pleads the fifth cbs news has the video excerpts of former president donald trump s 2022 deposition in his new york fraud case. alec baldwin officially charged in the rust shooting death. prosecutors detail what they say the actor did wrong the day the cinematographer died. and a new clue in the case of two missing monkeys at the dallas zoo. why police want to talk to this man. his is the ....