Step 1 Combine bread, milk, sugar, butter, eggs, vanilla, raisins, walnuts, cinnamon and nutmeg in bowl. Pour into well-greased 13x9-inch baking dish. Mixture will be very moist but not soupy.
Step 2 Bake at 350 degrees until golden brown, about 1 hour. Cool slightly, then cut into squares and serve with Bourbon Sauce.