A federal judge on Wednesday approved agreements raising the total settlement amount from the Worldcom fiasco to $6.1 billion, part of which will have to be paid by the company's directors.

According to reports, the settlement approved by U.S. District Judge Denise Cote called on former Worldcom directors to pay a total of up to $55 million in the settlement agreement, and former chief executive Bernard J. Ebbers will cover up to $45 million through the sale of some of his personal assets.

Other defendants in the case will be paying far larger sums. J.P. Morgan Chase will pay $2 billion of the settlement, with Deutsche Bank paying $325 million and the Arthur Anderson accounting firm covering $65 million. In a previously approved settlement, Citigroup will pay $2.58 billion of the settlement, the second largest securities settlement in U.S. history behind the Enron case.