Soft As Silk Italian Cream Cake

Soft As Silk Italian Cream Cake was pinched from <a href="http://www.food.com/recipe/soft-as-silk-italian-cream-cake-43759" target="_blank">www.food.com.</a>

"This cake was the winner of The 2002 Tulsa State Fair Baking Competition...."

INGREDIENTS
1/2 cup margarine or 1/2 cup butter, softened
2 cups sugar
1 cup oil
5 egg yolks, beaten
2 cups cake flour (pref. soft as silk cake flour if you can get it)
1 teaspoon baking soda
1 cup buttermilk
1 teaspoon vanilla extract
5 egg whites, stiffly beaten
1 can coconut (small, do not know how many ounces. This is all that the recipe gives)
1 cup chopped pecans
1/4 cup margarine or 1/4 cup butter, softened
1 (8 ounce) package cream cheese, softened
1 lb confectioners' sugar
1 cup chopped pecans
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