Succotash

Ingredients

• 2 bacon slices (2 oz), cut crosswise into 1/4-inch-wide strips
• 1 tablespoon unsalted butter
• 2 cups fresh corn kernels (from 3 to 4 ears)
• 1 lb fresh lima beans in pods, shelled (1 1/2 cups), or
• 1 (10-oz) package frozen baby lima beans, thawed
• 1/2 cup diced (1/3 inch) green bell pepper
• 1 bunch scallions, cut crosswise into 1/3-inch pieces, keeping white and pale green parts separate from greens
• 3/4 cup heavy cream
• 1/4 cup water
• 1/2 teaspoon salt
• 1/2 teaspoon black pepper