Scott Duncan
Yes.
I can say "Next year my slaves can produce 100 bushels of cotton".
I know that's not much, but they are black, and I don't beat them, so they aren't really productive...
...still, I can SECURITIZE that and SELL that prediction on the market. I will need Sambo, Toby and Abooikuh to facilitate it, so I put their names down on the security instrument.
...if those slaves don't produce what I promised, they will have to work off the balance on another plantation!
I hope that was clear/tasteless enough.