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 is the common name for the Cold War strategyof containment versus the Soviet Union and the expansion ofcommunism. This doctrine was first promulgated by President HarryTruman in an address to the U.S. Congress on February 27, 1947.