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--a policy of supporting anti-communist regimes with military and economic aid. The Doctrine was first used in support of democratic governments in Greece and Turkey.Truman was also influenced by George F. Kennan of the State Department. The Russians would test the United States but would do socautiously.he Truman Doctrine--a policy of supporting anti-communist regimes with military and economic aid. The Doctrine was first used in support of democratic governments in Greece and Turkey.