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.
Video: The Truman Doctrine: Definition, Summary & Purpose. The Truman Doctrine called for the containment of communism worldwide. We'll look at its historical background and central ideas as well as its effect on American and world history.