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Vanessa Redgrave, "Coriolanus"
Pro: A six-time nominee, one of England's greatest living actors won her sole Academy Award for "Julia" in 1978. As Volumnia, a mother with political ambitions for her son Coriolanus (Ralph Fiennes) in the actor's superb adaptation of Shakespeare's play, Redgrave at times blows her director off screen. It's always shocking there are certain actors or actresses who haven't been nominated (Gary Oldman) or won an Oscar (Sigourney Weaver, Glenn Close, Julianne Moore, Ian McKellen), but there are also those who deserve to be on the very short list of two-time winners. Redgrave is clearly in that group.
Con: She certainly has a shot at a nomination, but "Coriolanus" will need to find support at the art house box office and Academy members will have to watch that screener over the holidays if it's going to happen. A SAG or Golden Globe nod wouldn't hurt either.