NYTimes - The Fighting O'Sullivan Two months ago, Terence M. O'Sullivan was part of a lonely minority on the board of Ullico, the union-owned insurer, and was badly outvoted when he sought to require the directors to return profits from a stock trading deal that is the subject of four investigations.
That deal has become an embarrassment to organized labor because 17 Ullico directors, most of them past and present union presidents, are being investigated for making more than $6 million in profits from what some investigators suggest was illegal insider trading.