Mt Gox just can't be insolvent. They're making too much money in fees, and it is not like mining (real mining) where there are massive capex costs and debt from the outset. Sorry Mt Gox haaaaas the money, I really think the problem is with technical competence of the current staff.
I wouldn't abandon this ship if i were sitting on this fucking juicy gold mine, they have the highest trading fees on the planet and they also possibly run their own pro trading machines that generate even more profits, ie take advantage of the huge manipulated arbitrage premium, this supposedly is the most profitable bitcoin business operation ever existed, but their incompetence is just eroding their money making "moat" ;
this business could easily be a $500m valuation in a VC's eyes, just make me difficult to rationalize and they must be damn insane to take $40m client fund and risking of going to jail, v.s staying float on digging out their gold every fucking minute.