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 (1947) was designed to support anti-communists  and resist the spread of communism. Initially, it stated that the  United States would support both Turke â¦ y and Greece with economic  and military aid, preventing them falling into the Soviet sphere.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.