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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151-175 of 39116 signatures
Number Date Name Add a Comment
38966 Tue Jul 16 03:00:26 EDT 2013 Steve Tripp
38965 Mon Jul 15 17:43:09 EDT 2013 Brenda Mendes
38964 Sun Jul 14 22:29:36 EDT 2013 Dave Dittman
38963 Tue Jul 09 17:05:36 EDT 2013 Jami
38962 Sun Jul 07 19:46:33 EDT 2013 Lynne Banta
38961 Sat Jul 06 16:57:02 EDT 2013 Christopher T. Mizera
38960 Sat Jul 06 14:15:38 EDT 2013 Jon Nelson
38959 Fri Jul 05 14:09:21 EDT 2013 Karen Smith Lay off deporting illegal immigrants for awhile and prosecute a business guilty of criminal acts.
38958 Sun Jun 30 18:19:02 EDT 2013 Timothy Coglianese
38957 Sat Jun 29 18:31:08 EDT 2013 Jean Friday They should not be allowed to stay in business. Illegal is Illega!
38956 Thu Jun 27 12:21:36 EDT 2013 Douglas Abraham For every action there is a consequence. It is time that consequences for financial crimes fit the crime. I support measures to revoke the Corporate Charter if HSBC because it has knowing and wantonly More....
38955 Wed Jun 26 14:37:04 EDT 2013 Gerilyn Gess Healey
38954 Tue Jun 25 16:16:54 EDT 2013 Anonymous
38953 Tue Jun 25 14:47:02 EDT 2013 Karen Steele 202 -->201They are creeps. They over charged me for a simple Best Buy charge. They were fraudulently charging me for insurance on my account. When I spoke to them it was always someone with unintelligible accent
38952 Tue Jun 25 08:51:07 EDT 2013 scott cady
38951 Mon Jun 24 17:05:50 EDT 2013 Anonymous No One is too big to Prosecute!
38950 Sat Jun 22 22:20:36 EDT 2013 Thomas Motes Corporations get away with murder (literally) because they've purchased our government. We need to take the power back.
38949 Sat Jun 22 15:07:19 EDT 2013 GERARD GAUDIN No One is too big to Prosecute!!!! Do It Now!!!
38948 Tue Jun 18 07:47:17 EDT 2013 Cleveland Glenn WAKE UP PEOPLE
38947 Mon Jun 17 15:47:23 EDT 2013 Terry Moore
38946 Fri Jun 14 17:03:34 EDT 2013 Anonymous We need less Fredrick Douglas attitudes from our President! He needs to be more on the offensive against the unclean energy, big businesses, big banks, payday lenders,etc. The President said he would govern More....
38945 Fri Jun 14 15:49:50 EDT 2013 Lynne Banta
38944 Fri Jun 14 08:22:11 EDT 2013 Charles Niswander No more "too big to jail" - Pull this banks charter, send the high-ups to jail, and MAKE AN EXAMPLE OF THEM! Take back our democracy from the big banks!
38943 Wed Jun 12 16:37:29 EDT 2013 Thomas Wittbrodt An organization that is too big to jail is too big to exist. HSBC should be substantially penalized for their rotten laundering. Once again our Justice Department has failed to do their job. President More....
38942 Mon Jun 10 18:36:26 EDT 2013 Stephen Spieckerman
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