Pretty much I agree with the assessment from this press release put out by The American Jewish Committee:
"It is a shame that the venerable Mike Wallace was so determined to secure this interview that he failed to recognize that he and CBS would inevitably be used skillfully by the Iranian leader," said AJC Executive Director David Harris. "Known as a tough interviewer, Wallace this time around proved inexplicably passive, perhaps hypnotized by his own unexpected fascination with the Iranian leader. As a result, he failed, among other things, to press President Ahmedinejad on his long trail of damning quotes on Jews and Israel, as well as to challenge the Iranian leader on his support of Hezbollah and other terrorist organizations, and his ambitious program to develop a nuclear weapon."
Just another instance of a journalist allowing himself to be manipulated as a useful idiot for extremist Muslims.