how important is the large bank earnings reports? why? how is more significant or not than other reports like the US jobs reports etc?

Question

Update:

and how do people know that these reports are not tainted with fraud?

Answer 1

Favorite Answer

Don't invest in banks-they are too shady and get slapped every few years. And so long as I make money, who cares? 

Answer 2

I only care about my earnings.