• The city of Philadelphia and a variety of pension funds and hedge funds have accused banks of conspiring since January 2003 in chat room discussions, instant messages and by email to manipulate the WM/Reuters Closing Spot Rates
  • Private litigation was filed on Monday night in U.S. District Court in Manhattan
  • Defendants are Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC Holdings Plc, JPMorgan Chase & Co, Morgan Stanley, Royal Bank of Scotland Group Plc and UBS AG

More at Reuters

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I love these ambulance-chaser April Fool prank stories

;-)