When you can call one of the world's most successful comedians "an idiot," you know you're really BFFs.
Some of the tidbits might surprise you. For instance, did you know that Wallace and Seinfeld were roommates for 13 years?
BONUS: Watch another clip below to hear Wallace make a bold declaration: "I'm running for President in 2016!"
ALSO ON HUFFPOST:
Spilling the tea 24/7. Never miss a beat. Learn more