North Korea sentences US journalists to 12 years labor

North Korea sentences two journalists for Gore‘s Current TV to 12 years of labor. (FT)

Treasury will expand oversight of executive compensation at bailed-out banks; program will be led by Feinberg. (NYT)

Tension in Obama‘s economic circle centers around Summers. (NYT)

After USGS study, estimates of US coal reserves are being revised downward. (WSJ)

Bair backs off, Pandit gets his way; Citigroup stock swap to go through with backing of Treasury. (Bloomberg)