 According to a December 2010 "New Yorker" magazine article, the clawback phenomenon pursued by banks and other financial groups directly and/or indirectly responsible for the financial crisis has been used by the chief administrators of those institutions in order to make the case that they are presently taking tangible self-corrective action to both prevent another crisis (by supposedly dis-incentivizing the sorts of shady investment-product behavior displayed by their people in the past) and to appropriately punish any potential future activity of a similar sort.However, the case is made in "The New Yorker" article (which cites several professional economists who agree with its perspective) that it is probably unlikely that either result will become the case, and "The New Yorker" article also suggests that the people making this argument may not even truly believe it, but are instead promoting it as a sort of public relations tactic until such time as the impact of the financial crisis fades and similar (perhaps near-identical) abuses of the financial system can slowly and quietly resume, with minimal or no detection by outside forces.In the past, clawback phenomena have been used primarily in securing tax incentives, abatements, tax refunds, and grants.