I featured GM as a Notable New Low back on November 10th, and here it is again making another low. I’m worried about GM’s pension obligations, and you should be too. (One of the areas that I studied closely in business school was pensions, which was extremely fortunate since one of the major problems on my CPA exam had to do with pension accounting, and I nailed it.)

“General Motors Corporation engages in the design, manufacture, and marketing of cars and light trucks worldwide. It operates through Automotive, and Financing and Insurance Operations (FIO) segments.”

Capital One made the Notable New Highs list. Everyone knows that the newly bankrupt are among the best credit risks, and people who haven’t read The Merchant of Venice are never extended a “customer courtesy.”

“Capital One Financial Corporation operates as a holding company, which provides various consumer financial products and services, primarily in the United States. The company, through its subsidiary, Capital One Bank, offers credit card products and accepts retail deposits, including certificates of deposit, money market accounts, and individual retirement accounts. Its other subsidiary, Capital One, F.S.B. offers consumer and commercial lending, and consumer deposit products.”