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.
From Wikipedia, the free encyclopedia. The Truman Doctrine was an American foreign policy to stop Soviet imperialism during the Cold War. It was announced to Congress by President Harry S. Truman on March 12, 1947 when he pledged to contain Soviet threats to Greece and Turkey.resident Truman made the proclamation in an address to the U.S. Congress on March 12, 1947, amid the crisis of the Greek Civil War (1946â49). Truman insisted that if Greece and Turkey did not receive the aid that they needed, they would inevitably fall to Communism with consequences throughout the region.