Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

Looking at the period from 2002 or 2003 to 2007, Jones Lang LaSalle and estate agents generally would have been market participants in the huge increases in land prices etc. Presumably, estate agents made good money from that. In a book authored by Shane Ross and Nick Webb, on page 161 they say:

Looking back at that period, you could have advised a developer to pay tens of millions for a field in the middle of nowhere based on valuations that turned out to be nonsensical, but it did not damage your career. NAMA paid hefty salaries to people who had been at the coalface of the crash. NAMA was there to take up the slack and all previous errors were forgotten. It was a bailout for the professional classes.

Is that fair or unfair? Is it an assessment Mr. Moran would agree or disagree with?