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Variety has posted an article on the current films vying for Oscar glory that are based on real events or real people, including, of course, “The Iron Lady”. In the case of some films this year, they know the subjects – and don’t like them. That’s a problem shared by “The Iron Lady,” helmer Phyllida Lloyd’s story of Margaret Thatcher starring Meryl Streep, and “J. Edgar,” Clint Eastwood’s film about longtime FBI honcho J. Edgar Hoover, starring Leonardo DiCaprio. Both have addressed the problem of long, politically charged lives by focusing on only a part of the story, and – in the case of “Iron Lady” – telling the tale from its subject’s p.o.v. “This story is not an objective biopic,” Lloyd says of her film. “The story is all told from Margaret Thatcher’s point of view and it’s an imagined story of how it might it have felt to be the first female leader in the western world.” She and screenwriter Abi Morgan tried to be extremely rigorous about the facts “but necessarily, there’s some compression of time and one or two places where in order to make the story clear we’ve taken something out. “On the whole,” Lloyd says, “we’re not nervous about being shot down in flames for our facts. We might be for the imagined part of the story.”