[Am-info] Royal Bank of Canada hides investor in SCO

[Gene Gaines]

I had a lengthy telephone conversation with an officer of the
Royal Bank of Canada in Toronto.

Seemed like a nice fellow.  Rather nervous.  Kept repeating that
we do transactions like this all the time.

Here is what I heard: Investor has used us to ... derivative ...
other financial baloney statement that the investor chooses to
hide behind ... the point is, by executing a derivative the
comnpany hands their money to the bank who buys shares in SCO
but does not need to disclose the name of the company dumping in
the money ... I asked the name of the investor who hired the
bank to hide behind ... told they choose to remain anonymous ...
I asked if the transaction was in US Dollars or Canadian Dollars
and was told that the investor did the transaction using the
bank's New York office which should give me a clue that the
company was a U.S. company.

So. A well-heeled company that the bank hints is U.S. wishes to
remain anonymous has elected to finance SCO in their campaign to
destroy Linux and in fact destroy open source. Wonder who that
could be?

Hiding behind the skirts of a foreign bank.  Curious.  Queer.

Let's see.  Maybe IBM is worried and wants to make an
investment in SCO just in case IBM loses the case, but of course
that would have the effect of financing the suit, and I think
IBM is smarter than that.

Gene Gaines
gene.gaines@gainesgroup.com
Sterling, Virginia