6 c. Crispex cereal
1/4 c. peanut butter
6 oz. pkg. semisweet chips
1/2 stick butter
1 c. powdered sugar

Melt chips and butter, stir in peanut butter. Remove from heat. Gently stir in Crispex cereal. Dump 1 cup powdered sugar in a garbage bag. Add Crispex cereal. Shake to coat. Keep in refrigerator.