It won't answer your question, but this site will have you asking a lot more questions.
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The link was interesting but obviously there is more information available. I base my response mostly on the link'sinterview's one sentence about "My Old School". Do a Google search on "My Old School" and Steely Dan and you'll find a bunch of stuff.
It seems that Fagan's and Becker's old school is indeed implied by "Annandale". Both of the Steely Dan guys went to Bard College in Annandale-On-Hudson in New York. Or maybe they mean "Annandale" in northern Virginia. After all, they do mention the College of William and Mary, which is in Williamsburg, Virginia. But many New Yorkers go to school there (or did in my day).
I noticed that the vocals on Peg come from the left side of the stage. Aren't they usually centered? I initially thought there was something wrong with my system but verifyied that there wasn't by swapping channels in Sound Forge. After that the vocals came from the right side of the stage. Isn't that unusual? Most vocals on the discs I have are centered.
...and a separate name for your retail operation, eh, 'stang?
Qdrone sez: "Former President Ronald Reagan called her "The best man in England" Prime Minister Margaret Thatcher."
You must have watched the 1979 in music show that was on the television last week - though they were not implying that the Dan's Peg was Maggy Thatcher, of course.
Above all, it's your very foreign movie.....