Biblical scholarship with a rock and roll attitude. The fellows of the Jesus Seminar take the New Testament much more seriously than they take themselves. They go through the text, passage by passage, and (vote using a four-point scale) about the possible authenticity of any words or actions that have been ascribed to Jesus. Two of their major book length reports are "The Five Gospels" and "The Acts of Jesus."

The Jesus Seminar is a very small, self-selected group whose opinions represent a tiny minority of New Testament scholars. Because they know their findings are rejected by mainstream scholars (and for good reason), they decided to instead to go directly to the media, and because the media loves controversy their publicity is extremely disproportionate to their actual influence.

Their results:

• Jesus did not say 82% of what the gospels attribute. Of the remaining 16%, they are only sure 2% is authentic. For example, in the Lord's Prayer, the seminar only believes Jesus said "Our Father".
• The seminar then published "The Five Gospels", which contains the "regular" gospels along with the seminar's findings, along with the Gospel of Thomas (which is also rejected by mainstream scholars).

The group is basically trying to say Jesus was just an interesting guy, maybe even extraordinary, but definitely not supernatural; He was not God or the Messiah, and definitely not somebody with much relevance today.

Also see: What's wrong with the Jesus Seminar?, Gospel of Thomas, Are the gospels reliable?