Today we will begin to get the most definitive measure of just how damaging this entire process has been to our economy. Today marks the beginning of “Earnings Season” as 2 of the nations big 4 banks report their latest quarter's results.

The two banks reporting today are: JP Morgan Chase, by any measure the nation's largest and financially strongest bank. And Wells Fargo and Company the large West Coast Bank which has suffered through a series of scandals associated with its retail lending malpractice.