Update: Bernie Ebbers gets 25 years.

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Two days before his sentencing, convicted former WorldCom Exec Bernie Ebbers has settled his civil suit with the government, and will be giving up almost all that he owns:

A judge gave her blessing Monday to a civil suit settlement under which former WorldCom chief Bernard Ebbers will forfeit nearly all his cash and personal assets - as much as $45 million.

U.S. District Judge Denise Cote gave preliminary approval to the deal two days before Ebbers, 63, faces sentencing, and almost certain lengthy prison time, on his criminal conviction in the record WorldCom fraud. The civil settlement, which springs from a suit filed by angry former investors in the toppled telecom, will leave a modest Mississippi home for Ebbers' wife and roughly $50,000 for her to live on.

"Basically we left them with their furniture and the silverware," said Sean Coffey, a lawyer for New York state Comptroller Alan Hevesi, the lead plaintiff in the investor suit.