Style queen Martha Stewart today entered pleas of not guilty to five criminal counts that include conspiracy, obstruction of justice and criminal fraud counts. The pleas, entered in a Manhattan courthouse, stem from stock sales made by Stewart in 2001. Is she guilty, or is she the victim of an over zealous prosecution?

If found guilty, Stewart could face imprisonment for up to 10 years and fines of $2 million. A criminal conviction would also leave her reputation in tatters and have severe consequences
for her business empire, Martha Stewart Living Omnimedia.

Prosecutors will allege that Stewart lied about the sale of stock she held in biotech company ImClone in December 2001, just before news broke that the government was to wihhold approval of a promising new, anti-cancer drug.

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