1 Dec
2003
1 Dec
'03
7:56 p.m.
The following story indicates that the Royal Bank has just invested US $50 million in the SCO Group.
http://www.linuxinsider.com/perl/story/32251.html
As I simply can not stomach the thought of in any way helping SCO I am forced to move all of my business and personal accounts including RRSPs to another institution.
Aside from the political issue I don't think it says much for whomever is making the investment decisions over at RBC. SCO has no future so they just threw away 50 million dollars.
On a related note, the same story indicates that CIBC pulled out of all of its SCO shares in June.
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John Lange
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