I have a problem with The Elder Scrolls IV: Oblivion. I think that this screenshot explain it well:
Practically I see only the HUD and all the rest is gray. Both in character creation and when I try to load an old save-game.
I have an ATI 6850 HD video card with the latest AMD drivers and Windows 7 64-bit. I also tried to revalidate the Steam cache for that game but it didn't change the result.
Do you have any idea how can I solve the problem? There are no mods installed except the default DLC things.