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The Corbett Report - Feature Interviews

Interview 1599 – New World Next Week with James Evan Pilato

The Corbett Report - Feature Interviews

The Corbett Report

News, Politics

4.8671 Ratings

🗓️ 19 November 2020

⏱️ 25 minutes

🧾️ Download transcript

Summary

This week on the New World Next Week: the super wealthy form a super elite club for saving the planet while making money; the US State Department releases a blueprint for Cold War with china; and James and James play What if...? with the rest of the presidential term.

Transcript

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0:00.0

Welcome back to New World next week. I'm James Corbett of Corbett Report.com.

0:14.0

I'm James Evan Polato for Mediumoniki.com. This is not philanthropy. This is investment.

0:19.7

We've got a game of what if plus the China challenge,

0:22.9

but first, secretive club for ultra-wealthy environmentalist revealed. This from our friends at

0:29.9

activist post.com, ultra-wealthy investors looking to direct vast sums and money into green

0:35.7

investments to atone for their climate sins,

0:39.2

have been joining in a secretive nonprofit dedicated to speeding up the flow of capital

0:44.0

into investments that can slow global warming. This all according to Bloomberg, the club

0:50.0

Creos Syndicate, C-R-E-O, I'll tell you what that stands for at the end.

0:55.8

Creo syndicate works with around 200 families who pay a very reasonable flat fee to join

1:01.1

and must commit to making their first investment in climate and sustainability within six months,

1:06.6

according to founder and director Regime Clement.

1:10.2

According to the report, quote, part of building trust with wealthy families is keeping their secrets.

1:15.3

In addition to Grantham and Simons, the group's ranks include other well-known billionaires whose names Creo won't disclose.

1:22.2

A mantra is no tourists allowed.

1:24.9

This is not philanthropy.

1:26.4

This is investment.

1:28.7

We grow entirely through introductions. We never seek out a family, end quote, said Clement. Crio currently has over

1:35.1

$800 billion under management, acting essentially as a mini investment bank, the nonprofit.

1:41.6

That's approximately 300 deals a year connecting member investors with potential

1:46.1

partners while researching technologies for future investments. Those interested, those watching

1:51.2

the show interested in joining Creo, you got to have assets of at least $100 million in

...

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