Grease and flour bundt or tube pan
Cake:
Mix together
1 yellow cake mix
1 small pkg vanilla instant pudding mix
4 eggs
1/2 cup cold water
1/2 cup oil
1/2 cup rum
Spread 2 cups chopped walnuts on bottom of pan. Pour batter on top and bake 325 degrees for about one hour. While cake is still warm, prick all over with fork and pour glaze over all.
Glaze:
In small saucepan melt:
1 stick butter
1 cup sugar
1/4 cup water
1/2 cup rum
Mix until sugar is dissolved. Boil for 5 minutes. Pour slowly over cake. Enjoy!!