Accused Letterman Extortionist Pleads Not Guilty

10/2/2009 4:13 PM PDT
Robert Halderman -- the man accused of trying to extort David Letterman -- has just pled not guilty to the felony charge of attempted grand larceny in the first degree.

Halderman was wearing blue jeans, a striped button-up shirt and a blazer. He is in handcuffs.

The DA is asking for his bail to be set at $500,000. They say Halderman's actions were ones of "desperation" and they are "alarming and dangerous."

His defense, on the other hand, wants bail to be set at $100k. They claim he is not a flight risk.

UPDATE: His bail was set at $200,000 bond.