Will AIG's Sullivan Survive?

Posted on March 28, 2005

By Diane Brady and Marcia Vickers

More bad news for American International Group: Investigators are looking closely at whether newly installed CEO Martin Sullivan played any role in possibly fraudulent dealings at the $99 billion insurance giant, sources tell BusinessWeek Online. Barely two weeks after replacing Maurice "Hank" Greenberg as chief executive amid a widening regulatory scandal, Sullivan could soon find his job in jeopardy as well, sources close to the company say.

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Sullivan, 50, isn't accused of any wrongdoing and is widely regarded as a highly skilled industry executive. An AIG (

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