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 39116 signatures
Number Date Name Add a Comment
39116 Fri Jan 08 16:54:31 EST 2016 Marge Schwartz
39115 Thu Feb 26 18:03:20 EST 2015 Josh Winters There is no such thing as to big to jail.
39114 Thu Feb 19 00:50:38 EST 2015 B MacDonald
39113 Wed Dec 31 17:22:56 EST 2014 Anonymous
39112 Sun Jul 20 10:20:51 EDT 2014 Drs Paul and Mary Davidson In general it is lookoing like Karl Marx had a point....in that giant corporations are becoming gigantic multi corporate - corporations owning other subsidiaries to the point that the general citizenry More....
39111 Sat Jul 19 14:44:27 EDT 2014 Robert Swiatek
39110 Sat Jul 19 11:33:38 EDT 2014 Carmen Alvarado
39109 Thu Jul 10 11:37:02 EDT 2014 Deborah Anderson
39108 Sat Jun 28 22:52:58 EDT 2014 Madison Wolff
39107 Sat Jun 28 22:52:41 EDT 2014 Madison Wolff
39106 Tue Jun 24 23:35:20 EDT 2014 tammi bucher
39105 Tue Jun 24 23:34:50 EDT 2014 tammi bucher
39104 Tue Jun 24 23:34:34 EDT 2014 tammi bucher
39103 Sat Jun 21 20:36:30 EDT 2014 Joseph Partansky Decision makers who commit White Collar Crime should
be given the opportunity to plead guilty and either be
given a sentence and jailed or have restrictions placed on
their behavior which More....
39102 Tue Jun 10 20:52:41 EDT 2014 John Keith wade
39101 Sat May 31 22:43:27 EDT 2014 John Spangler
39100 Thu May 29 23:33:44 EDT 2014 Anonymous
39099 Thu May 29 03:34:03 EDT 2014 Bruce Dalton
39098 Tue May 27 16:22:42 EDT 2014 Donald Guillory
39097 Fri May 23 10:42:33 EDT 2014 Cynthia Marie Lippman
39096 Thu May 22 15:06:13 EDT 2014 fareed s
39095 Wed May 21 16:57:43 EDT 2014 Tiffany Garrity
39094 Wed May 21 16:27:12 EDT 2014 bootsy mcbride >{
39093 Tue May 20 17:01:10 EDT 2014 David Sahagian
39092 Mon May 19 22:24:37 EDT 2014 Barbara Gottstein
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