This risk retention may occur directly as a result of recourse provisions or, indirectly, as a result of retaining a subordinated class of an asset-backed security or by some other means. Asset securitization: a supervisory perspective
The Truman Doctrine was instrumental in containing the spread of Communism -- especially in the newly established Turkish Republic. Later, the Truman Doctrine, or Doctrine of Containment, sought to halt the global expansion of the Soviet Union's brand of Communism.
The Truman Doctrine (1947) was designed to support anti-communistsand resist the spread of communism. Initially, it stated that theUnited States would support both Turkey and â¦Greece with economicand military aid, preventing them falling into the Soviet sphere.