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 39116 signatures
Number Date Name Add a Comment
16391 Fri Feb 01 08:04:11 EST 2013 Laurel Colton Fine and revoke the charter for HSBC
16390 Fri Feb 01 08:04:02 EST 2013 Rachel Goldstein
16389 Fri Feb 01 08:03:57 EST 2013 Robert Whippo
16388 Fri Feb 01 08:03:54 EST 2013 William Allen
16387 Fri Feb 01 08:03:50 EST 2013 Zoe Stevens
16386 Fri Feb 01 08:03:43 EST 2013 Stephen Anderson
16385 Fri Feb 01 08:03:37 EST 2013 Anonymous
16384 Fri Feb 01 08:03:36 EST 2013 Richard Lee
16383 Fri Feb 01 08:03:35 EST 2013 Catherine Rouault
16382 Fri Feb 01 08:03:27 EST 2013 Betsy Flick
16381 Fri Feb 01 08:03:17 EST 2013 Darry Carlstone
16380 Fri Feb 01 08:03:16 EST 2013 John Igla
16379 Fri Feb 01 08:03:11 EST 2013 KATHY MCGROGAN
16378 Fri Feb 01 08:02:59 EST 2013 Julie Meyer
16377 Fri Feb 01 08:02:56 EST 2013 Bette Oswell
16376 Fri Feb 01 08:02:48 EST 2013 Nancy Bliss The DOJ apparently doesn't understand a criminal is a criminal. HSBC won't change or learn a lesson, they just laugh as they fool prosecutors. Take HSBC out of business. This is not a kindergarten.
16375 Fri Feb 01 08:02:43 EST 2013 Anonymous
16374 Fri Feb 01 08:02:31 EST 2013 Anna-Marie Soper-O'Rourke
16373 Fri Feb 01 08:02:28 EST 2013 Jennifer Burr
16372 Fri Feb 01 08:02:12 EST 2013 Anonymous
16371 Fri Feb 01 08:01:48 EST 2013 Anonymous If I scoffed the law in such away any Attorney General worth his/her salt would be on my back like fleas on a dog. I would be in lock up for life. What has happened to equal protection?
16370 Fri Feb 01 08:01:40 EST 2013 Michele Biggane
16369 Fri Feb 01 08:01:36 EST 2013 Ruben Hospital What kind of justice is that?
16368 Fri Feb 01 08:01:27 EST 2013 Karen Baouche It is an outrage that a bank can get away from crimes, yet everday people cannot. The law is the law and should apply to everyone, no matter the size.
16367 Fri Feb 01 08:01:26 EST 2013 David Monroe
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