Replies to post #47089 on Protective Capital Structures Corp. (fka PCSO)

[Cahalane99]

Credit market turmoil:
The recent turmoil in the capital credit markets has prompted ICCC to create additional new and innovative ways to adapt to, and absorb the changes in the capital credit markets in order to evolve with, and continue to do business in, this environment. As many of you are aware, there has been a freezing up of the capital markets investment in structured finance products. Because of this development, ICCC will have to portfolio (hold on its books) the transactions it closes until such time as the markets begin to recover.

http://heritagecapitalcreditcorp.com/Shareholder_letter_22208_2.pdf