WATCH: Meryl Streep chats with Stephen Colbert about “Let Them All Talk,” “The Prom,” her proms and much more

Meryl Streep, who stars in the new Steven Soderbergh film “Let Them All Talk,” describes the process of shooting on a cruise ship and improvising the entire script. Meryl also tells a funny story about a wardrobe malfunction at her high school prom and shares the story behind her mention in President Obama’s new book where she recited a poem in Mandarin with Yo-Yo Ma.