Bank of America Meets Due Diligence
Diligence is the mother of good fortune.
-- Miguel de Cervantes, Don Quixote
This is a column about due diligence. Presidents of large banks, such as Bank of America's (BOA) Kenneth D. Lewis may read this column but it is not applicable to BOA since the Present Financial Crisis (PFC) demonstrates that due diligence has no place in BOA's dealings except when dealing with customers.