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Barclays was "willing to take it on the chin from [an investor] because we did the right thing for the firm by securitizing as many loans" as possible," Mr. Menefee allegedly said. Mr. Carroll allegedly responded "if we pull [the defaulted loans] out of the deal, we take on 100% of the risk; we've sold 97% of the risk in the deal. Just leave them in," the lawsuit claims. -- The case says the bank allowed bad loans to go into securities because they "needed to keep the originators happy, so that they could do business with them and so that they would continue to supply Barclays with mortgages to

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