Oblivion and Fable:TLC will not work on my PC

I bought Oblivion and Fable today but the games wont launch on my PC. My issue for Fable is that when I launch the game, it gives me this error message:

Microsoft Visual C++ Runtime Library
It said that the application has requested runtime to terminate in an unusual way.

My problem for Oblivion IV is that when I launch the game, and it told me that binkw32.dll was missing. I googled it and installed it and placed it into my Oblivion folder. I tried to launch the game again and the screen turned black for less than a second and it tells me that Oblivion has stopped working. My drivers are all up to date, and my gaming rig should be able to run this. So far I have tried running as administrator and tried running with XP sp2 compatibility. Can somebody help me please?

System Specs:
HD 4870
4GB Ram
3Ghz Duo Core