Here is an article providing more evidence of the resources that Edward Lampert the Chairman of Sears Holdings, is putting towards protecting the company.  The late December stock crash and poor financial results caused large factoring suppliers such at CIT to reassess their ongoing relationship with the company.  These institutions that provide financing on account receivables are an important tool for Sears suppliers.  By being willing to insure the receivables if the company were to declare bankruptcy he is taking on the risk that these companies might feel that they are taking, and due to his faith in the strength of the company, I’m sure that he is planning on making a profit by providing the insurance as well.

http://online.wsj.com/article/SB10001424052702304692804577282090364006420.html?mod=WSJ_hp_LEFTWhatsNewsCollection

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