Apparently so: Royal Bank Investments has deemed it a good buy to bet a sizable chunk of our money to bolster the failing SCO in aid of that corporation's insane harassement of Linux users. Truth stranger than even really weird fiction, this is the story being painted by IT Business in Linux users incensed over Royal Bank SCO investment:

Canada's open source community is outraged over a decision by the Royal Bank of Canada to contribute towards a US$50-million investment in SCO Group.

BayStar Capital, based in San Francisco, said last Friday it has closed a private placement of non-voting Series A Convertible Preferred Shares in SCO, with a large portion of the funds coming from RBC Capital Markets. SCO said it would use the money towards the development of software and to help pay its legal and licensing costs.

When approached for comment, Royal Bank spokescreature Chris Pepper gave only the tacit, "We have a policy of not commenting on anything we do for clients" -- which makes me wonder what other wholesome investments the RBC crew might be propping ...

[ Source: ITBusiness.ca ]