Ingredients:
(If pudding is in cake mix, omit instant pudding, use 3 eggs and 1/3 cup oil instead.)
Preheat 325 degrees, 10" tube pan. Sprinkle nuts over bottom of pan. Mix all cake ingredients together. Pour batter over nuts. Bake 1 hour, invert on serving plate (let it cool some first, or it crumbles and collapses!), prick top and pour glaze over top and sides.
Glaze: Melt butter, stir in water and sugar. Boil 5 minutes, stirring constantly. Remove from heat. Stir in rum.