Drain pineapple juice into a medium bowl; set pineapple aside. Add bananas to the juice. In a LARGE bowl, combine cranberry sauce and sugar. Remove bananas, discarding juice, and add to cranberry mixture. Stir in pineapple, whipped topping and nuts. Pour into a 13 x 9 x 2 inch dish. Freeze until solid. Remove from the freezer 15 minutes before cutting.
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