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.
Best Answer: The Truman Doctrine was part of the United States' political response to perceived aggression by the Soviet Union in Europe and the Middle East, illustrated through the communist movements in Iran, Turkey and Greece. As a result, American foreign policy towards the USSR shifted, as George F. Kennan phrased it, to that of containment.