NEW YORK — Investors are frustrated with the government's latest bank bailout plan — and showed it by unloading stocks.

The major stock indexes fell more than 4 percent yesterday, led by financial stocks, a sign of how concerned Wall Street is about the government's ability to restore the health of the banking industry. Demand for safe havens such as Treasurys and gold rose.

Traders and investors complained about what they saw as a lack of specifics from Treasury Secretary Timothy Geithner on how the government will direct more than $1 trillion in public and private support to the financial system.