2/3 cup granulated sugar
2 teaspoons cinnamon, divided
4 cans biscuits, individually quartered
1 cup chopped nuts
1 cup packed light brown sugar
1/2 cup butter or margarine

Combine sugar and 1 teaspoon cinnamon in a bag. Add biscuit pieces and shake. Drop biscuit pieces into a greased tube pan and sprinkle with nuts.

Combine brown sugar, 1 teaspoon cinnamon and butter and bring to a boil over medium heat. Pour over cake. Bake at 350 degrees F for 40 to 45 minutes.

Turn out and serve while warm.