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 39076 signatures
Number Date Name Add a Comment
39076 Wed Apr 16 12:46:54 EDT 2014 Brian Martin
39075 Mon Apr 14 19:54:26 EDT 2014 Anonymous
39074 Sat Apr 12 16:38:39 EDT 2014 chris flood
39073 Thu Apr 10 12:58:49 EDT 2014 Anonymous
39072 Wed Apr 09 00:24:25 EDT 2014 Carol Shiro
39071 Mon Apr 07 14:42:36 EDT 2014 Alexis Maestre-Saborit
39070 Sat Apr 05 00:30:08 EDT 2014 Misty Breaux
39069 Tue Mar 25 23:55:03 EDT 2014 DONNA WARNER NO ONE SHOULD BE ABOVE THE LAW
39068 Sat Mar 22 18:02:01 EDT 2014 Roseann DeLuca
39067 Sat Mar 15 22:53:25 EDT 2014 william gawne jr
39066 Fri Feb 28 18:13:05 EST 2014 Molly Hannon
39065 Thu Feb 27 18:57:18 EST 2014 Joanne Kelso
39064 Wed Feb 26 19:00:24 EST 2014 Anonymous We need many more pro-economic and healthcare justice, nonelitest, strongly-adversarial-to-rightwingers, pro-farming and natural tourism,clean energy oriented NewDEAL democrat alliance, coaltion democrats More....
39063 Tue Feb 25 23:12:39 EST 2014 Anonymous
39062 Tue Feb 25 01:20:13 EST 2014 Anonymous
39061 Mon Feb 24 09:33:13 EST 2014 Susan Sanocki
39060 Mon Feb 24 09:33:01 EST 2014 Susan Sanocki
39059 Sun Feb 23 16:34:49 EST 2014 vicki bianchi Even more insulting is that this pittance of a fine will now be even less because it is tax deductable. At least give us the illusion of justice and close this tax loop hole.
39058 Fri Feb 21 22:48:01 EST 2014 Janice Barnes
39057 Fri Feb 21 12:14:02 EST 2014 Dennis Brown 201 -->200Never allow this type of business behavior again . The worst excuse for a financial institution with consumer concerns or best interest at heart . Will never recommend to any consumer for any service.
39056 Fri Feb 21 00:53:09 EST 2014 Anonymous
39055 Sun Feb 16 13:58:46 EST 2014 Dale Johnson
39054 Sun Feb 16 12:12:21 EST 2014 Deanna Tachna
39053 Sat Feb 15 23:43:31 EST 2014 Jess Graffell
39052 Sat Feb 15 00:14:32 EST 2014 Anonymous
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