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 was based on the U.S.A's fear of communism taking over the world. The main goal of the Truman Doctrine was to stop communism from spreading further ( contaâ¦inment of communism) this was to be achieved by promoting ( more like fighting for) democracy in countries that were falling to communism.