She is known worldwide as America's "Domestic Diva." Her syndicated show, Martha Stewart, Living, has been on the air worldwide since 1993. She has published several books and written hundreds of columns on homemaking and cooking. She even has her own line of home products, including flowers, bed and bath accessories, and greeting cards. And now as of today - she is also a convicted felon.

After only three days of deliberations, the jury of eight women and four men convicted Martha Stewart of four counts: Conspiracy, Making False Statements, Obstruction Of Justice and Securities Fraud. When she is sentenced on June 17th - she could face a maximum of 20 years in prison and a one million dollar fine.

These charges came as a result of Stewart's sale of 3,928 shares of ImClone stock on December 27, 2001, just before it plunged after a decision by the Food and Drug Administration to reject ImClone's application for a cancer drug. The government contends that Stewart sold her shares because she was tipped by her broker that the stock would plunge and wanted to avoid more than $51,000 in losses.

Personally, I do not know enough about Martha Stewart to form an opinion of her guilt or innocence. I have heard people say she is an example for women because of her enormous success, and I have heard others say she is a ruthless tyrant who will do anything to get what she wants. The only opinion I will form is that this conviction will be devastating for Stewart, who could lose all control of her company - and everything she has worked hard to build all of her life.

It's no secret that we live in a world that "gets off" on the demise of famous people. Our society loves when those we look to for entertainment wind up in court or behind bars. We loved it when Winona Ryder was caught shoplifting, we enjoyed seeing Hugh Grant get humiliated when he solicited a prostitute - and who can forget the famous "slow speed chase" that captivated America. No matter who the next "celebrity du jour" to get in trouble will be - we will love it.

So is Stewart's conviction justice - or another celebrity "witch hunt?"

My opinion? If Martha Stewart did, in fact, sell her stock based on an illegal insider trading tip to save a few bucks, than she deserves to pay for that crime. The unfortunate thing is that the only person who knows for sure if she did just that is Martha Stewart. But irregardless of my opinion, a jury found her guilty, and now she must face the punishment for her crime.

In a statement, Martha Stewart said, of her conviction, "I believe in the fairness of the judicial system and remain confident that I will ultimately prevail."

Good luck Martha...I have a feeling you are going to need it.