HM -
The judge viewed the posit of $10B 2008 dollars as part of what she could see returning to the residual parties. At that time in POR 6, that was the Piers. In context the was probably talking about the “Washington Mutual Capital Trust 2001” The table below demonstrated what that posit would be worth now. If the judge saw it their for the Piers, it's there for us now.
I won't argue whether the payment goes to WMILT and then to our Escrows or directly to our accounts. I'll be quite happy either way
distro.
Interest Rate: 5.375%
Principal: $10,000,000,000
Year Interest Balance
1 $537,500,000 $10,537,500,000
2 $566,390,625 $11,103,890,625
3 $596,834,121 $11,700,724,746
4 $628,913,955 $12,329,638,701
5 $662,718,080 $12,992,356,781
6 $698,339,177 $13,690,695,958
7 $735,874,908 $14,426,570,866
8 $775,428,184 $15,201,999,050
9 $817,107,449 $16,019,106,499
10 $861,026,974 $16,880,133,473