1 (14 oz.) can sweetened condensed milk
1 1/2 c. cold water
1 (4 oz.) serving size instant vanilla pudding and pie filling mix
2 c. whipping cream, whipped (2 c. Cool Whip is fine)
36 vanilla wafers
3 bananas

In large bowl, combine milk and water. Add pudding mix and beat well. Chill 5 minutes. Fold in cream. Spoon 1 cup pudding mixture into 2 1/2 quart glass serving bowl. Top with 1/3 each of the wafers, bananas and pudding. Repeat layering twice. End with whipped cream on top (reserve some from pudding).