Nevertheless, there is much jubilation in Wales that this jiggery-pokery appears to have been accepted by Eurocrats.

ECONOMIST: European regional aid

He concedes, however, doing so would likely require some software jiggery-pokery.

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But if investors fail to spot the jiggery-pokery with credit scores and the outright fraud that permeated the subprime market, that cushion of safety quickly disappears.

ECONOMIST: Securitisation

FSA, says that the agency is busy implementing a new law that gives it more power to deal with jiggery-pokery in other corners of financial services.

ECONOMIST: Property funds in Japan

This does away with actuarial jiggery-pokery in estimating liabilities and so exposes the true volatility of pension funds with a high weighting of their assets in equities.

ECONOMIST: The companies with the biggest holes in their pension funds

In practice, cutting taxes requires tough choices, not financial jiggery-pokery.

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