It disturbs me....

That Marsh & McLennan are going to be able to write most of the $850Mln settlement off their taxes because it was called restitution and disgorgement and not a proper fine. I think that this sort of thing is a travesty... the business expense writeoff wasn't meant to reimburse corporate criminals (and let's face it, Marsh only paid up because they would have lost much more had they gone to trial, which is why they 'No Contest'ed out of the charges). The majority of this settlement should not be tax free... after all, where's the deterrent effect if I can just get the money back from the IRS?