Olympic Games 2012: French Beat Michael Phelps, Ryan Lochte

A look at how the U.S. Swim Team is performing so far.
2:14 | 07/30/12

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Transcript for Olympic Games 2012: French Beat Michael Phelps, Ryan Lochte
This morning, over the u.S. Swim team. Bill weir leads the coverage at the abc news olympic desk in london. Good morning, bill. Yes, no duel in the pool on day two. Instead, phelps and lochte joined supershe roe fohero forces there as a team. Another twist of the script. In his leg of the relay, the old michael phelps was back. Phelps turning it on here. Reporter: Giving the american august whatmen a solly lead. When his heir apparent ryan lochte tried to bring it home, the french rival torpedoed past and beat the great wet hope by a full second. We just raced tough. And -- we came up a little short. Reporter: Since he was gunning for seven golds in these games, it took away a bit of the momentum and hype he earned on saturday. And the statement that it's my time has all paid off for lochte. Reporter: He earned the first gold of the games for team usa. The big headline was phelps finishing forty. The first time he's missed a medal in nearly a dozen years of racing. Being able to be on the medal stand isn't too bad. Reporter: He's now just two medals away from becoming the most decorated olympian in

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