I guess this should be on ZZL but thought it may be more appreciated here. I stumbled upon this when reading the bio for The Motley Fool financial website (ironically started by a UNC grad).
1998
April: In what becomes an annual tradition, The Motley Fool plays its first April Fool's Day prank by publicly confessing to have been wrong for years about underperforming mutual funds ... and blaming it all on an upside-down chart. The Raleigh News & Observer takes the prank seriously and runs it as news on the front page of its business section. The next day, the newspaper admits it was fooled by the prank.
www.fool.com/press/about.htm?s...fltnvsnv0000001