In this video, Motley Fool analysts Morgan Housel and Matt Koppenheffer sit down to chat about some of the biggest recent news in the financial sector. We hear about AIG (AIG 0.49%) and how the U.S. government recently sold off the last of its position in the company, we talk about the recent announcement that the New York Stock Exchange (NYX.DL) is being bought, we look at UBS (UBS 1.30%) and the recent LIBOR manipulation scandal, and we talk about what consequences the fiscal cliff might or might not hold for the big banks, and one absurd solution to the whole debt crisis.
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