si, ponle fondo trasparte al flash:
te quedaria algo asi:
Cita: <object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,29,0" width="800" height="650">
<param name="wmode" value="transparent" >
<param name="movie" value="sunrise_intro.swf">
<param name="quality" value="high">
<embed src="sunrise_intro.swf" quality="high"
wmode="transparent" pluginspage="http://www.macromedia.com/go/getflashplayer" type="application/x-shockwave-flash" width="800" height="650"></embed></object>