Bread Pudding Argentina

Ingredients

 * 1 cup sugar
 * 1 cup water
 * 1 white loaf of bread
 * 4 cups milk
 * 6 eggs
 * 1/2 cup sugar
 * 1 tsp. vanilla

Directions

 * 1) Combine sugar and water in a saucepan, and stir constantly over low heat until sugar is completely dissolved. Increase heat to high, and allow to boil, without stirring again, until a nice golden color. Pour into cake pan. Try to coat the pan with the caramel but be careful not to burn your hands from splattering
 * 2) Remove crusts from bread and cut into small cubes: you should have about 4 cups of crumb. Pour over milk, and allow to sit for 30-60 min. With your hands, squish up the bread until it is one big mash. Do not use a mixer or food processor, which would totally destroy the texture.
 * 3) Beat eggs with sugar and vanilla until light, and stir into the bread mixture to combine.
 * 4) Pour bread mixture into pan. Place cake tin in a baking dish full of water, and bake in a moderate oven 50-60 min. until set. Cool, and refrigerate overnight. Remove from mold and serve.