About Bonds

Stuart I. Oran

Bond In Investing Savings Senior Vice President-International - United Airlines

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James Bond Trading Card Stuart I. Oran is senior vice president-International for United Airlines and executive vice president of UAL Corporation. He has profit responsibility for all international markets; Atlantic, Pacific and Latin America, which account for more than one-third of the airline's capacity. He is also responsible for customer service operations and revenue generation activities in these markets including sales, reservations and city ticket offices. He is based at the company's world headquarters in suburban Chicago. Prior to joining United, Oran was a corporate partner at Paul, Weiss, Rifkind, Wharton & Garrison, a firm he joined in 1974 upon graduation from the University of Chicago Law School. At Paul Weiss, his practice included general corporate representation of a number of Fortune 500 companies in a variety of service and manufacturing businesses; representation of domestic and foreign investors in acquisition, financing and equipment leasing transactions, and representation of several institutional merchant banking entities and their portfolio companies. Oran also acted as outside corporate counsel for the Air Line Pilots Association (ALPA) in connection with the structuring and negotiation of the corporate and financing aspects of UAL's employee ownership transaction. Oran holds a juris doctorate degree from the University of Chicago Law School, where he served as a comment editor on the University of Chicago Law Review. He is a member of the Bar of the State of New York and the District of Columbia. Oran received a bachelor of science degree in industrial and labor relations from Cornell University. He currently serves on the boards of the United Airlines Foundation, the Shedd Aquarium and Children's Memorial Hospital, the Latin School of Chicago and the Chicago Urban League.

Central banks create money either by printing it or by buying bonds in the treasury market. When central banks buy bonds, they usually buy their own country's treasury bonds, and their purchases are made from banks that own bonds. The money from the central banks goes to the bank vaults, making capital.

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