Michael D'Arcy (Fine Gael)
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Mr. Moran says he was not aware that the banks had over-lent, yet Jones Lang LaSalle Ireland is an international section of a company that has access to specialist analysis of the commercial property market and also international comparators. I have two questions. The previous record, €1.2 billion in 2005, was trebled in 2006. Is there any other sector or jurisdiction in which the previous record was trebled? Mr. Moran has said he was not aware banks had over-lent. Should he have been aware of this? I assume an analysis of the banks was available-----