UAL Corp

The number of companies in danger of defaulting on their credit obligations will remain high in 2010. And a disproportionate number of them could come from the U.S.

So, you are a struggling company in a struggling sector, what do you do? How about dishing out more than $10 billion during one of the worst slumps ever in your industry. Well, that's the strategy UAL (UAUA), parent company of United Airlines, seems to be employing. According to The Wall Street...