Barry Cowen (Laois-Offaly, Fianna Fail) | Oireachtas source

Last May the Tánaiste stated:

[Banks] would be extremely wise to consider their corporate responsibility in relation to people on variable rate mortgages. If the banks simply can't recognise they have some obligation to people in Ireland in the context of the bailout that they've enjoyed, there are other avenues to address this.

What was the Tánaiste saying? Is she informing the House and, by extension, the people that there is some secret deal among some of the banks that are offering rates of 2% less?

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