Thanks for this, you've just put your finger on something that's been bugging me about a lot of the recent Mt. Gox / Bitcointgasm discussion. Actually, it raises the point further that if so many people who claim to know what they're talking about can confuse Mt. Gox's position (fraud, incompetence, insolvency, bankruptcy) with fractional reserve lending, it makes me strongly question just who the hell actually knows what they're talking about.
