WATERGATE CAKE Instructions: Preheat your oven to 350 degrees. Grab a large bowl and add the ingredients except the coconut and pecans. Whip until thoroughly mixed. Fold in the coconut and pecans. Stir until smooth. Grease a 10-12 cup Bundt pan and scoop the mixture into the pan and spread evenly around. Bake at 40-45 minutes or until a toothpick comes out clean.
WATERGATE FROSTING Instructions: Use a hand mixer to whip both Dream Whip contents with the milk until peaks appear. Gradually add the pudding and beat until fluffy for about 2-3 minutes. Frost the cooled cake and sprinkle coconut and pecans on the top of the frosted cake and garnish with cherries, if desired. Cool for at least two hours before serving. Refrigerate any remaining cake after serving.