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Kmart Surety Bonds

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Kmart Surety Bonds

Kmart Surety Bonds

Kmart Surety Bonds

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  • <iframe src="https://www.npr.org/player/embed/1136776/136776" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Melissa Block talks with Don Watson, director in the insurance ratings group at Standard and Poor's in New York about surety bonds — how companies use them, and how Kmart's reliance on them affected the company's demise.