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    WORLDCOM FILES FOR BANKRUPTCY PROTECTION
    July 21, 2002 - USA

    WorldCom Inc. files for bankruptcy protection after disclosing it had inflated profits by nearly $4 billion through deceptive accounting practices from 1999 - 2002 to mask its poor earnings and presenting a false picture of financial growth and profitability of the company.

    FRANCE SURRENDERS NORTH VIETNAM IN INDO-CHINA WAR
    July 21, 1954 - Vietnam

    The Indo-China war ends when France surrenders North Vietnam to the Communists, a peace accord signed in Geneva, Switzerland between communist North Vietnam Forces and France agrees Vietnam will be divided between north and south Vietnam along the 17th parallel. In the 60's as North Vietnam begins it's attacks on South Vietnam The United States intervenes to defend the 17th Parallel resulting in the long and bloody Vietnam War which finally ended in 1975 with North Vietnam conquering the South.

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