I don't know whether Perle or Hersh is right, but why was this hot topic not even brought up. My only guess is that Perle agreed to come on the show only on condition they not ask him about it. If so, both Kudlow and Cramer should be ashamed of themselves.
Addendum March 27, 2003. It's beginning to look like Seymour Hersh is right. Today Richard Perle resigned as chairman of the Defense Policy Board because of the reported business dealings that raise ethical questions. Reports in the New York Times and the Washington Post. Also Arianna Huffington's March 26, 2003 column covers Richard Perle's conflicts of interest.