CAKE:

1 c. chopped nuts
1 yellow cake mix
1 instant vanilla jello pudding mix
4 eggs
1/2 c. water
1/2 c. oil
1/2 c. rum

Preheat oven to 325 degrees. Grease and flour bundt pan; sprinkle nuts in bottom of pan. Mix all ingredients. Bake 1 hour; cool. Invert onto serving plate.

GLAZE:

1/4 lb. butter
1/4 c. water
1 c. sugar
1/2 c. dark rum

Melt butter in small saucepan. Stir in water and sugar; bring to a boil. Reduce heat and simmer for 5 minutes, stirring constantly. Remove from heat; stir in rum. Prick cake and drizzle glaze over it.