Microsoft urges House to rethink bailout vote

Microsoft has claimed the faltering economy and the financial sector's collapse have not affected its business. Last week, Redmond, Wash.-based Microsoft confirmed its faith by announcing a new $40 million stock repurchase plan, a higher dividend and a willingness to take on debt for the first time.

On Monday, the company issued what appears to be a first sign of concern. Brad Smith, Microsoft's general counsel, asked the House to turn around and support a bailout for the good of the economy.

"Microsoft strongly urges members of the U.S. House of Representatives to reconsider and to support legislation that will re-instill confidence and stability in the financial markets," Smith said in a statement. "This legislation is vitally important to the health and preservation of jobs in all sectors of the economy of Washington State and the nation, and we urge Congress to act swiftly."

Microsoft shares fell $2.39, or 8.7 percent, to close at $25.01.