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 Thu Jan 31 18:22:07 EST 2013 Jane/Rob Goldman-Macdonald
16390 Thu Jan 31 18:22:06 EST 2013 Timothy Lank
16389 Thu Jan 31 18:22:05 EST 2013 Brian Kinney
16388 Thu Jan 31 18:22:00 EST 2013 Andres Peekna
16387 Thu Jan 31 18:21:59 EST 2013 Tyson
16386 Thu Jan 31 18:21:58 EST 2013 Donald Cronin Jr.
16385 Thu Jan 31 18:21:58 EST 2013 Nash Evans
16384 Thu Jan 31 18:21:57 EST 2013 Sharon Cohen Enough is enough! How long do we continue to tolerate bad behavior from the banks? Send a message that tells them we are fed up with their lack of scruples and ethics!
16383 Thu Jan 31 18:21:54 EST 2013 Lisa LeBlanc
16382 Thu Jan 31 18:21:54 EST 2013 Glenda Spencer
16381 Thu Jan 31 18:21:51 EST 2013 Terry San Cartier
16380 Thu Jan 31 18:21:50 EST 2013 Marcey Lachance
16379 Thu Jan 31 18:21:48 EST 2013 Bruce Anderson
16378 Thu Jan 31 18:21:48 EST 2013 Frederick Reif,
16377 Thu Jan 31 18:21:47 EST 2013 lori Henderson
16376 Thu Jan 31 18:21:46 EST 2013 Anonymous
16375 Thu Jan 31 18:21:42 EST 2013 Paul Rosenfeld
16374 Thu Jan 31 18:21:40 EST 2013 adam
16373 Thu Jan 31 18:21:40 EST 2013 bridget walsh Shame for not prosecuting HSBC.
16372 Thu Jan 31 18:21:39 EST 2013 Helen Palmer
16371 Thu Jan 31 18:21:36 EST 2013 Niels Finsen
16370 Thu Jan 31 18:21:32 EST 2013 Anonymous
16369 Thu Jan 31 18:21:32 EST 2013 Geoffry Hergenrader
16368 Thu Jan 31 18:21:30 EST 2013 Charles Dineen
16367 Thu Jan 31 18:21:28 EST 2013 Cami Cameron
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