I would reset the preferences and perhaps it is a font cache problem as well. I think the preferences.
Uncheck "enable missing glyph protection" under your type preferences.
That'll let you get past the damaged font, but the underlying problem is likely as Wade describes.
So how do I reset pref. I went in to edit, preferences, and reset all warning dialog is that it? I did that and it didnt fix.
AWESOME! IT WORKED!!! THANK YOU!!!!!!!!