In this segment from The Motley Fool's everything-financials show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss why Berkshire Hathaway (NYSE:BRK-B) was able to post impressive investment gains and the latest development that has some of the nation's biggest banks smiling from ear to ear.

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Alison Southwick and David Hanson have no position in any stocks mentioned. Matt Koppenheffer owns shares of Berkshire Hathaway and Bank of America. The Motley Fool recommends and owns shares of Bank of America and Berkshire Hathaway. It also owns shares of Citigroup. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.