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.
Legacy of the Truman Doctrine. The Truman Doctrine was the prevailing American foreign policy during the next 45 years of the Cold War. The United States determined that it would go to whatever lengths to prevent the spread of Communism.