When my cousin was visiting last week from England, she told me about the satirical BBC series Twenty Twelve that pokes fun of the Twenty Twelve Olympic committee. It started last year and draws its inspiration from actual committee f-ups, making the series even more hilarious.
You can watch clips on the BBC site, or longer segments on Youtube.
(I have yet to find a site that doesn't ask for your credit card, so perhaps we will have to wait until it comes out on DVD to see it in its entirety? Let me know if you know of a way to watch full episodes?)