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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51-75 of 39116 signatures
Number Date Name Add a Comment
39066 Fri Jan 31 14:47:55 EST 2014 melissa miller
39065 Fri Jan 31 08:52:01 EST 2014 Carmen Alvarado
39064 Fri Jan 31 08:35:02 EST 2014 Maria Minerva
39063 Thu Jan 30 11:56:32 EST 2014 Rose Bevington Sending courage your way!!!
39062 Thu Jan 30 11:52:02 EST 2014 Donald Guillory
39061 Sat Jan 25 14:38:19 EST 2014 Thomas V . Connor
39060 Sat Jan 18 19:51:22 EST 2014 Jason Jones
39059 Sat Jan 18 11:57:43 EST 2014 Adriana Salvas
39058 Fri Jan 10 13:02:26 EST 2014 Brandon
39057 Thu Jan 09 15:06:08 EST 2014 Katherine Keslick
39056 Mon Jan 06 19:50:16 EST 2014 Carmen Alvarado
39055 Mon Jan 06 12:08:04 EST 2014 Bruce Hlodnicki
39054 Sun Jan 05 15:35:59 EST 2014 Jack Sedaka Courage Man...Hold Fast!
39053 Sat Jan 04 14:39:36 EST 2014 Tamara Morgan
39052 Sat Jan 04 14:39:36 EST 2014 Tamara Morgan
39051 Fri Jan 03 23:55:27 EST 2014 Dennis Yee
39050 Wed Jan 01 14:34:01 EST 2014 Brad McDonough
39049 Tue Dec 31 22:36:11 EST 2013 Carolyn Beckelhymer Sir, if you will stand up for all of us and say, "NO MORE!" , it would be one of the single greatest acts of courage in the history of our country! BE that man of courage!! Please.
39048 Sat Dec 28 01:50:03 EST 2013 David Powers
39047 Wed Dec 25 21:11:03 EST 2013 Anonymous
39046 Wed Dec 25 21:11:02 EST 2013 Anonymous
39045 Wed Dec 25 21:10:45 EST 2013 Anonymous
39044 Wed Dec 25 17:12:39 EST 2013 Anonymous
39043 Wed Dec 18 14:22:31 EST 2013 Jim Phillips Send those responsible for the to prison. Revoke their corporate charter.
39042 Wed Dec 18 11:56:38 EST 2013 Robert Swiatek
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