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 Thu Jan 30 11:56:32 EST 2014 Rose Bevington Sending courage your way!!!
39065 Thu Jan 30 11:52:02 EST 2014 Donald Guillory
39064 Sat Jan 25 14:38:19 EST 2014 Thomas V . Connor
39063 Sat Jan 18 19:51:22 EST 2014 Jason Jones
39062 Sat Jan 18 11:57:43 EST 2014 Adriana Salvas
39061 Fri Jan 10 13:02:26 EST 2014 Brandon
39060 Thu Jan 09 15:06:08 EST 2014 Katherine Keslick
39059 Mon Jan 06 19:50:16 EST 2014 Carmen Alvarado
39058 Mon Jan 06 12:08:04 EST 2014 Bruce Hlodnicki
39057 Sun Jan 05 15:35:59 EST 2014 Jack Sedaka Courage Man...Hold Fast!
39056 Sat Jan 04 14:39:36 EST 2014 Tamara Morgan
39055 Sat Jan 04 14:39:36 EST 2014 Tamara Morgan
39054 Fri Jan 03 23:55:27 EST 2014 Dennis Yee
39053 Wed Jan 01 14:34:01 EST 2014 Brad McDonough
39052 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.
39051 Sat Dec 28 01:50:03 EST 2013 David Powers
39050 Wed Dec 25 21:11:03 EST 2013 Anonymous
39049 Wed Dec 25 21:11:02 EST 2013 Anonymous
39048 Wed Dec 25 21:10:45 EST 2013 Anonymous
39047 Wed Dec 25 17:12:39 EST 2013 Anonymous
39046 Wed Dec 18 14:22:31 EST 2013 Jim Phillips Send those responsible for the to prison. Revoke their corporate charter.
39045 Wed Dec 18 11:56:38 EST 2013 Robert Swiatek
39044 Tue Dec 17 11:09:07 EST 2013 Nicholas Manzoni It is remarkable that a bank this large can escape adequate punishment for heinous crimes.
39043 Mon Dec 16 20:52:22 EST 2013 Jill Veale-Broads
39042 Sun Dec 15 19:43:22 EST 2013 James Harding
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