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.
Truman Doctrine. The Truman Doctrine was an American foreign policy created to counter Soviet geopolitical expansion during the Cold War. It was first announced to Congress by President Harry S. Truman on March 12, 1947 and further developed on July 12, 1948 when he pledged to contain Soviet threats to Greece and Turkey.