Posted by KimCollier on Jan 01, 2008
Glaze:
Preheat oven to 325 degrees. Grease and flour 10\" tube or 12-cup bundt pan. Sprinkle nuts over bottom of pan. Mix all cake ingredients together. Pour batter over nuts in pan. Bake 1 hour; set on rack to cool. Invert onto serving plate and prick top. Drizzle and brush glaze evenly over top and sides.
Glaze: melt butter in saucepan. Stir in water and sugar. Boil 5 minutes, stirring constantly. Stir in rum.
Decorate with whole maraschino cherries and border of whipped cream.
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