On Monday night’s “Late Night” Bobby Moynihan sat down with former “SNL” head writer and “Weekend Update” anchor Seth Meyers. As expected the two discussed memories of “SNL” — naming characters after real people, taking photos dressed as the Hulk — and Moynihan shared a little theory he holds about the “Weekend Update” characters. Though it isn’t part of the official “SNL” cannon, it is fun to hear Moynihan’s take: “In my mind there’s this weird ‘Update’ gated community.” Watch below: