Please read the following table in HTML format from a webpage and then answer the question in detail according to the table. Each table cell is defined by a <td> and a </td> tag. Each table row starts with a <tr> and ends with a </tr> tag. 'rowspan=m' and 'colspan=n' represents a cell spaning over 'm' rows and 'n' columns.

Webpage title:
Swimming at the 2008 Summer Olympics – Men's 100 metre butterfly
Table title:
Final
Table:
<table id='hittask' contenteditable='False'>
<tr> <th colspan=1 rowspan=1 > Rank </th><th colspan=1 rowspan=1 > Lane </th><th colspan=1 rowspan=1 > Name </th><th colspan=1 rowspan=1 > Nationality </th><th colspan=1 rowspan=1 > Time </th><th colspan=1 rowspan=1 > Notes </th></tr>
<tr> <td colspan=1 rowspan=1 >  </td><td colspan=1 rowspan=1 > 5 </td><td class="highlighted"  colspan=1 rowspan=1 > Michael Phelps </td><td class="highlighted"  colspan=1 rowspan=1 > United States </td><td class="highlighted"  colspan=1 rowspan=1 > 50.58 </td><td class="highlighted"  colspan=1 rowspan=1 > OR </td></tr>
<tr> <td colspan=1 rowspan=1 >  </td><td colspan=1 rowspan=1 > 4 </td><td class="highlighted"  colspan=1 rowspan=1 > Milorad Čavić </td><td class="highlighted"  colspan=1 rowspan=1 > Serbia </td><td class="highlighted"  colspan=1 rowspan=1 > 50.59 </td><td colspan=1 rowspan=1 > EU </td></tr>
<tr> <td colspan=1 rowspan=1 >  </td><td colspan=1 rowspan=1 > 3 </td><td colspan=1 rowspan=1 > Andrew Lauterstein </td><td colspan=1 rowspan=1 > Australia </td><td colspan=1 rowspan=1 > 51.12 </td><td colspan=1 rowspan=1 > OC </td></tr>
<tr> <td colspan=1 rowspan=1 > 4 </td><td colspan=1 rowspan=1 > 6 </td><td colspan=1 rowspan=1 > Ian Crocker </td><td colspan=1 rowspan=1 > United States </td><td colspan=1 rowspan=1 > 51.13 </td><td colspan=1 rowspan=1 >  </td></tr>
<tr> <td colspan=1 rowspan=1 > 5 </td><td colspan=1 rowspan=1 > 2 </td><td colspan=1 rowspan=1 > Jason Dunford </td><td colspan=1 rowspan=1 > Kenya </td><td colspan=1 rowspan=1 > 51.47 </td><td colspan=1 rowspan=1 >  </td></tr>
<tr> <td colspan=1 rowspan=1 > 6 </td><td colspan=1 rowspan=1 > 1 </td><td colspan=1 rowspan=1 > Takuro Fujii </td><td colspan=1 rowspan=1 > Japan </td><td colspan=1 rowspan=1 > 51.50 </td><td colspan=1 rowspan=1 > AS </td></tr>
<tr> <td colspan=1 rowspan=1 > 7 </td><td colspan=1 rowspan=1 > 7 </td><td colspan=1 rowspan=1 > Andriy Serdinov </td><td colspan=1 rowspan=1 > Ukraine </td><td colspan=1 rowspan=1 > 51.59 </td><td colspan=1 rowspan=1 >  </td></tr>
<tr> <td colspan=1 rowspan=1 > 8 </td><td colspan=1 rowspan=1 > 8 </td><td colspan=1 rowspan=1 > Ryan Pini </td><td colspan=1 rowspan=1 > Papua New Guinea </td><td colspan=1 rowspan=1 > 51.86 </td><td colspan=1 rowspan=1 >  </td></tr>
</table>
Question:
Who won first and second place in the men's 100 metre butterfly event at the 2008 Summer Olympics?
Answer:
U.S. swimmer Michael Phelps set a new Olympic record of 50.58 to defend his title in the event, edging out Serbia's Milorad Čavić (50.59) by one hundredth of a second (0.01).