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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22726-22750 of 39076 signatures
Number Date Name Add a Comment
16351 Fri Feb 01 09:33:49 EST 2013 william campbell jr they should all go to jail and pay huge fines
16350 Fri Feb 01 09:33:39 EST 2013 Maryam Jouzi
16349 Fri Feb 01 09:33:32 EST 2013 Bert Hill
16348 Fri Feb 01 09:33:13 EST 2013 Myra Baker
16347 Fri Feb 01 09:33:03 EST 2013 Vernon Batty
16346 Fri Feb 01 09:32:47 EST 2013 Marilyn
16345 Fri Feb 01 09:32:42 EST 2013 Michael Kiefer What makes them immune to prosecution for what they did. If I did it I would be behind bars.
16344 Fri Feb 01 09:32:42 EST 2013 Anonymous
16343 Fri Feb 01 09:32:40 EST 2013 William Rice We are all sick of these criminals. Enough. Throw the book at them
16342 Fri Feb 01 09:32:23 EST 2013 Brandon Colapete
16341 Fri Feb 01 09:32:21 EST 2013 Anita Yu
16340 Fri Feb 01 09:31:59 EST 2013 Stacie Taylor Losing their charter should be the least of the punishments
16339 Fri Feb 01 09:31:52 EST 2013 Marilyn
16338 Fri Feb 01 09:31:51 EST 2013 sandra earley
16337 Fri Feb 01 09:31:50 EST 2013 Marian Rowland
16336 Fri Feb 01 09:31:47 EST 2013 Carol Hyberger
16335 Fri Feb 01 09:31:47 EST 2013 Michael Thomas If this bank was a person they'd never see the light of day. We need to send a message. Prosecute.
16334 Fri Feb 01 09:31:47 EST 2013 Anonymous
16333 Fri Feb 01 09:31:33 EST 2013 B Petrelis
16332 Fri Feb 01 09:31:25 EST 2013 Peter Katan
16331 Fri Feb 01 09:31:12 EST 2013 David Hayes
16330 Fri Feb 01 09:31:01 EST 2013 Anonymous
16329 Fri Feb 01 09:30:50 EST 2013 Noreen Morris
16328 Fri Feb 01 09:30:50 EST 2013 Dorothy Hatch
16327 Fri Feb 01 09:30:46 EST 2013 Chris
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