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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126-150 of 39116 signatures
Number Date Name Add a Comment
38991 Sat Aug 31 16:19:23 EDT 2013 Lynne Banta
38990 Sat Aug 24 12:49:27 EDT 2013 Bruce Hlodnicki
38989 Tue Aug 20 15:53:45 EDT 2013 Ruth Lake
38988 Tue Aug 20 12:58:45 EDT 2013 Anonymous
38987 Sun Aug 18 15:45:32 EDT 2013 Richard Palthe
38986 Sat Aug 17 09:58:49 EDT 2013 Judith Combs
38985 Mon Aug 12 15:40:58 EDT 2013 Janet Reynolds Unless there are consequences, the message you have sent to Big Banks is that they have permission to destroy the lives of American citizens with no repercussions. America is now a plutocracy run by corporate More....
38984 Sun Aug 11 04:24:32 EDT 2013 Madison Wegener
38983 Thu Aug 08 22:32:03 EDT 2013 A Marshall
38982 Thu Aug 08 16:19:37 EDT 2013 Mary Mahurin
38981 Tue Aug 06 20:07:03 EDT 2013 Jim Stewart
38980 Mon Aug 05 12:55:55 EDT 2013 Thomas V Connor
38979 Sat Aug 03 22:51:39 EDT 2013 Diana Curington
38978 Sat Aug 03 12:40:08 EDT 2013 Bruce Hlodnicki
38977 Fri Aug 02 14:15:54 EDT 2013 Lynne Banta
38976 Mon Jul 29 17:55:44 EDT 2013 Lisa LeBlanc
38975 Sat Jul 27 16:19:27 EDT 2013 Anonymous
38974 Sat Jul 27 11:45:11 EDT 2013 Linda Helland
38973 Thu Jul 25 13:03:19 EDT 2013 SHAKEERAH LONG
38972 Thu Jul 25 11:42:23 EDT 2013 Anonymous
38971 Thu Jul 25 06:28:02 EDT 2013 Anonymous
38970 Tue Jul 23 10:20:19 EDT 2013 JOHN C. RUSSO
38969 Sat Jul 20 20:35:37 EDT 2013 Denise Recalde
38968 Fri Jul 19 21:37:42 EDT 2013 Anonymous Why is Tennessee in a black hole politically? Will we be allowed to change back to being much more of an adversarially-strong-against-the-right, democratic, environmental, and more progressive TN, politically? More....
38967 Tue Jul 16 11:45:40 EDT 2013 Sharon Richey
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