Olympic Countdown: One Year to Go

3:35 AM ET Wed, 27 July 2011

Wednesday marked the one-year mark in the countdown to the Olympic games and Lord Coe, chairman of the London 2012 Organizing Committee joined CNBC to discuss London's progress in preparation for the games. "We're in great shape. If you look at the Olympic park, 89 percent of it is complete... but we have a mountain of work still to do," he said.