The details of the settlement, once they are finally released, will be interesting in and of themselves, but they may be even more interesting in light of the recent action that the FDIC filed against three former WaMu executives and the wives of two of the officials (about which refer here ). The possibility that the WaMu securities suit settlement could involve the payment of hundreds of millions of dollars raises the possibility that the settlement would consume the remaining limits of WaMu's D&O insurance policy, possibly leaving the defendants in the FDIC without insurance remaining for them to defend themselves against and to try and settle the FDIC claims.