"Shakedowns" aren't what they used to be

Just to clarify. Curious what a "shakedown" entails?

BP successfully argued it shouldn't be liable for most of the broader economic distress caused by the president's six-month moratorium on deep-water drilling in the Gulf of Mexico. And it fended off demands to pay for restoration of the Gulf coast beyond its prespill conditions.

After the high-profile meeting of administration and BP officials on Wednesday, it was in the interest of neither to discuss such details. BP wanted to look contrite and to make a grand gesture, and the White House wanted to look tough.

Okie doke.

[WSJ]