Posted by ZetaLSU on Jan 05, 2008
In a large bowl, combine the sweetened condensed milk and water. Add pudding mix and beat well blended. Chill for 5-10 minutes, or until pudding begins to set. Fold in the whipped cream, sugar and vanilla. Spoon a layer of pudding mixture into a large serving bowl. Follow with layers of vanilla wafers and banana slices. Repeat layering process 3 times, ending with the pudding mixture on top. Chill.