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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201-225 of 39116 signatures
Number Date Name Add a Comment
38916 Mon May 06 18:05:32 EDT 2013 Thomas Fowler Yes please sign me up for this movement/action because I too
am disgusted with these s.o.b.'s and all of their crap. They all
belong in prison.
38915 Mon May 06 16:54:28 EDT 2013 diane Ostrowski
38914 Mon May 06 08:58:09 EDT 2013 Anonymous Let them operate from the Caymens!
38913 Sun May 05 21:29:46 EDT 2013 Cynthia Curry It is time to start getting tough with financial institutions who break the law. I would like to see some meaningful fines - how about ANY investment bank/Wall St. firm who breaks the law automatically More....
38912 Sun May 05 16:35:09 EDT 2013 Steven Rosenbaum This must be done
38911 Sun May 05 15:57:16 EDT 2013 Mike and Ann Vogel
38910 Sat May 04 16:28:47 EDT 2013 Mary Corsair There must be consequences for breaking the law that MATTER. If the bank is too large to issue such consequences then steps should be taken to limit or reduce its size. Corporations should NOT be allowed More....
38909 Fri May 03 23:28:04 EDT 2013 Hilary Patterson Please, think outside of the Plutocracy. The majority of our nation suffers under its rule.
38908 Fri May 03 21:17:15 EDT 2013 Mark Hanley
38907 Fri May 03 20:03:50 EDT 2013 Donna Still
38906 Fri May 03 13:51:34 EDT 2013 judith cohen
38905 Fri May 03 13:26:44 EDT 2013 Wendy S Dabney
38904 Tue Apr 30 16:13:13 EDT 2013 Ryan Murdock Please stop these organized criminals.
38903 Mon Apr 29 15:46:08 EDT 2013 David Markham
38902 Fri Apr 26 22:17:55 EDT 2013 Alan St. Pierre Sir; To big to fail is a concept built on the backs of all of us who are just average people, many who live below the poverty line, and struggle to get by. We work, if we can, week to week to support ourselves More....
38901 Fri Apr 26 18:22:48 EDT 2013 Terry Arndt
38900 Fri Apr 26 18:02:06 EDT 2013 Ilse Funk
38899 Fri Apr 26 16:33:55 EDT 2013 Edward Macleod
38898 Fri Apr 26 03:48:12 EDT 2013 Terry Arndt
38897 Thu Apr 25 11:39:37 EDT 2013 Donald Priest
38896 Tue Apr 23 20:01:56 EDT 2013 Alice Craig
38895 Tue Apr 23 20:01:17 EDT 2013 Kent Craig
38894 Tue Apr 23 13:29:24 EDT 2013 Jon Nelson
38893 Mon Apr 22 14:28:16 EDT 2013 Warren Keller
38892 Sun Apr 21 12:50:10 EDT 2013 Anthony Kerr
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