Wells Fargo earnings surprise sends market higher

On the surface, it's incredible news, and it's been a catalyst for the markets' rise today. It sounds a little too rosy though. I'm skeptical. Such news coming up on the wake of the US government possibly ousting the banks' CEOs, and they aren't actually reporting record profits but saying they "will" report record profits. They're making it a point to let us know early? 

Great report and great news though. If it's true that their merger with Wachovia is going smoother than expected, it really is fantastic to hear. However, transparency has been such an issue during this downturn, and it shouldn't be viewed as unfair to view this sudden revelation with a good degree of suspicion.
Read the Article at HuffingtonPost