Revoke HSBC’s Corporate Charter

Tell Maryland Attorney General Doug Gansler There Should Be No Such Thing as “Too Big To Jail”

By refusing to prosecute global banking behemoth HSBC for laundering hundreds of millions of dollars on behalf of alleged terrorists in the Middle East and drug cartels in Mexico and Colombia, the Department of Justice is sending the message that Big Banks are above the law.

The evidence against London-based HSBC – the third largest bank in the world, with more than $2.5 trillion in assets – was overwhelming. But, instead of pursuing criminal charges, the Justice Department simply fined HSBC $1.9 billion – which sounds like a lot, until you realize that’s only about a month’s worth of profit for the bank.

HSBC’s slap on the wrist is a slap in the face to anyone who believes that there should be no such thing as “too big to jail.”

Join Public Citizen in calling for punishment that could actually deter corporate crime:

Demand justice. Add your name to the petition to revoke HSBC’s corporate charter.

PETITION TO MARYLAND ATTORNEY GENERAL DOUG GANSLER

 

We, the undersigned, call on you to use your authority to forfeit HSBC’s corporate charter. HSBC is a large corporation, but should enjoy no special privilege because of its size. A Maryland corporate charter should signal integrity, and we ask that you uphold this standard.

Why Petition Maryland's Attorney General?

The US division of HSBC is chartered in the state of Maryland. Under Maryland law, the attorney general has the power to forfeit a company’s corporate charter as punishment for engaging in organized crime. Charter forfeiture would represent a strong new tool states could use to enforce the integrity of corporate behavior.

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1-25 of 38845 signatures
Number Date Name Add a Comment
38845 Thu May 23 16:56:02 EDT 2013 Colleen Kirby HSBC should not be given a pass for it's criminal behavior. Revoke their charter and let all corporations know they need to do business abiding by our laws!
38844 Thu May 23 16:01:17 EDT 2013 Deborah Bragg
38843 Thu May 23 14:39:45 EDT 2013 Thaddeus Szostak
38842 Wed May 22 15:47:32 EDT 2013 Shiu Hung
38841 Mon May 20 19:04:51 EDT 2013 carol jagiello
38840 Mon May 20 13:59:33 EDT 2013 Dennis Hartenstine
38839 Sun May 19 11:52:27 EDT 2013 william anderson
38838 Sun May 19 10:16:32 EDT 2013 Paul Weisser
38837 Thu May 16 14:54:18 EDT 2013 Anonymous
38836 Mon May 13 15:52:32 EDT 2013 Rodney Smithey
38835 Mon May 13 14:03:02 EDT 2013 Len & Brooke
38834 Mon May 13 13:40:38 EDT 2013 David Dickerson
38833 Mon May 13 13:28:21 EDT 2013 Michael Henn
38832 Sun May 12 12:14:33 EDT 2013 Bob Prosser
38831 Sun May 12 12:04:40 EDT 2013 Peter Prosser
38830 Sun May 12 12:04:30 EDT 2013 Peter Prosser
38829 Sat May 11 22:28:20 EDT 2013 J. Wackowski A fine for littering seems fair & reasonable,,,
... for aiding & abetting terrorists...not so much.
38828 Sat May 11 12:25:36 EDT 2013 John Degnan
38827 Fri May 10 13:59:16 EDT 2013 Heather Sullivan
38826 Fri May 10 11:47:53 EDT 2013 Rosalie Salvato
38825 Thu May 09 20:37:17 EDT 2013 Steven Kranowski
38824 Thu May 09 10:08:19 EDT 2013 Rebecca
38823 Wed May 08 20:10:05 EDT 2013 Thomas V. Connor
38822 Wed May 08 18:30:13 EDT 2013 Duane Burkhalter These criminals need more punishment then fines, they need prison time for the harm they have inflicted on the worlds people.
38821 Wed May 08 14:18:10 EDT 2013 Pamela Pitt
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