In particular, UBS noted concerns that there could be trouble looming for chip companies with big exposure to the consumer electronics, PC and auto sectors, given weak spending trends.

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While few restructuring advisors predict bankruptcies among the large companies, which have successfully de-levered and are cash rich, there is trouble looming for middle-market companies that have high debt levels, especially those that are in the retail, restaurant and media business.

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Yet he had a nose for looming trouble, as his choice of travel spots in the 1970s attests: Cyprus, Yemen, Iran, Afghanistan.

ECONOMIST: Fred Halliday

The other airline with bankruptcy looming that's in big trouble with unions is Delta, whose stock slid Monday following a memo the company sent to its pilots' union Friday night.

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The other airline with bankruptcy looming that's in big trouble with unions is Delta (nyse: DAL - news - people ), whose stock slid Monday following a memo the company sent to its pilots' union Friday night.

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