LONDON WELCOMES WORLD ON A BUDGET

LONDON -- Four years ago, Sebastian Coe stood in a conference room at the main press center in Beijing and spoke about the kind of Olympics that China was in the process of hosting.  "The International Olympic Committee recognizes this will be the last edition of a games which is going to look and feel like this," Coe said that August afternoon. "We won't attempt to equal the scale and stature of such an extravaganza."

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