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--a policy of supporting anticommunist regimes with military and economic aid. The Doctrine was first used in support of democratic governments in Greece an â¦ d Turkey.It's purpose was to protect US interests abroad and prevent communism from taking over more areas in Europe and Asia.his became known as the Containment Policy. Truman put his policy to the test in 1947 when the Soviets stepped up their support for the Communists in Greece, Italy, and France. In March of 1947, Truman asked Congress to appropriate $400 million in military assistance to the pro-Western governments in Greece and Turkey.