Method

Heat oven to 160 degrees. Grease and lightly flour pan. Set aside. In a large mixing bowl, beat butter and sugar with eggs till light and fluffy. Add remaining cake ingredients except nuts. Mix on low speed for a minute, scraping the bowl often. Beat 3 minutes on medium speed. Fold in the nuts. Place on a baking sheet and bake for 50-60 minutes, until toothpick inserted comes out clean. Cool 10 minutes in pan; invert onto cooling rack and cool completely. When cool, place back into pan and use a serrated knife to slice off mounded enter, so that the top is flat.

For glaze: Mix the ingredients and beat at high speed. Drizzle over cake and let it sit a while before serving.