Here's what to watch for at the London Olympics Today

1. OPENING CEREMONY: A celebration of British culture, with a touch of Shakespeare, pop music, James Bond — and even some farm animals. A huge worldwide audience will tune in for the extravaganza, which starts at 4 p.m. ET.

2. WHO WILL LIGHT THE TORCH? Bookmakers are now convinced it will be Sir Roger Bannister, the first man to break the four-minute mile. But is there another mystery contender?

3. WEATHER: Will the famous English rain blight the opening ceremony? It's been hot and sunny all week in the British capital — but a little wet this morning.

4. REFEREE DIES: A Turkish boxing referee has been found dead in his London hotel room. It appears he suffered a heart attack. Autopsy results expected later Friday.

5. ROMNEY FALLOUT: What will Londoners make of Mitt Romney's implication that the city isn't ready for the games? Will it draw them together?

High-Flying Auto Dealer Employee Steals $10M For Luxuries

Patricia Smith, the former controller of an auto dealership in Pennsylvania, is headed to jail after embezzling $10 million from her former boss in a stunning case of a trusted employee looting the business then squandering the cash on luxuries.

Smith, who worked at Baierl Acura located in Wexford, Pa., an upper-middle class suburb of Pittsburgh, was convicted of systematically stealing for seven years--some $4,000 a day on average--for private jet travel, special trips to the theatre, fancy clothes and other goods, according to the court.

A costume fitting on Broadway? Check. Super Bowl Tickets? Check. There were even trips to the Vatican using stolen money. Smith spared no expense for herself or her family on the company's dime, according to reports from court. The jet charters alone totaled $1.8 million for the high-flying bookkeeper, who officially made about $50,000 a year from the dealership.

UGH, what a day this has been!