This was the year of "Dances With Wolves", but what stands out for me is seeing one of the greatest actresses ever, Myrna Loy, finally receive an honorary Academy Award. Long overlooked by the academy, she finally got the award this year, but was sick and could not accept in person. They had to have it from her Manhattan apartment. Too bad they did not give this award to her when her health was better. Also, this was the year Kathy Bates pulled an upset over Joanne Woodward and Angelica Huston to win the best actress award for "Misery".
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