A A Massively Creaking Institution Om Malik Nov. 4, 2004 - 6:53 AM PST Nov. 4, 2004 - 6:53 AM PST 1 Comment Aka MCI has reported a loss of $3.4 billion, again. Revenues are down 15% QoQ from last year to $5.1 billion. But says, oh everything is all right and we are good to go. Sort of like Iraq. Like AT&T, MCI is writing off assets.