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 In order to contain Communism, President Harry S. Truman issued the Truman Doctrine in. 1947, which provided aid to Greece and Turkey. The. United States gave aid to those countries, specifically, because it felt they were most threatened by Communism.