error report with latest mcforge

Minecraft has crashed!
      ----------------------

Minecraft has stopped running because it encountered a problem; Failed to start game
This error has been saved to C:\Users\Lord Diablos Spamtar\AppData\Roaming\.minecraft\crash-reports\crash-2012-09-18_14.44.11-client.txt for your convenience. Please include a copy of this file if you report this crash to anyone.



--- BEGIN ERROR REPORT f025a5c8 --------
Generated 9/18/12 2:44 PM

- Minecraft Version: 1.3.2
- Operating System: Windows 7 (amd64) version 6.1
- Java Version: 1.7.0_05, Oracle Corporation
- Java VM Version: Java HotSpot(TM) 64-Bit Server VM (mixed mode), Oracle Corporation
- Memory: 380255256 bytes (362 MB) / 514523136 bytes (490 MB) up to 954466304 bytes (910 MB)
- JVM Flags: 2 total; -Xms512m -Xmx1024m
- FML: FML v3.1.15.378 Minecraft Forge 4.1.2.265 3 mods loaded, 3 mods active
	FML [Forge Mod Loader] (coremods) Unloaded->Constructed
	Forge [Minecraft Forge] (coremods) Unloaded->Constructed
	IC2 [IndustrialCraft 2] (industrialcraft-2v1.106.jar) Unloaded->Errored
- LWJGL: 2.4.2
- OpenGL: AMD Radeon HD 6900 Series GL version 4.2.11762 Compatibility Profile Context, ATI Technologies Inc.
- Is Modded: Definitely; 'forge,fml'
- Type: Client
- Texture Pack: Default
- Profiler Position: N/A (disabled)

cpw.mods.fml.common.LoaderException: java.lang.ClassNotFoundException: ic2.common.IC2
	at cpw.mods.fml.common.LoadController.transition(LoadController.java:102)
	at cpw.mods.fml.common.Loader.loadMods(Loader.java:459)
	at cpw.mods.fml.client.FMLClientHandler.beginMinecraftLoading(FMLClientHandler.java:143)
	at net.minecraft.client.Minecraft.a(Minecraft.java:414)
	at net.minecraft.client.Minecraft.run(Minecraft.java:746)
	at java.lang.Thread.run(Unknown Source)
Caused by: java.lang.ClassNotFoundException: ic2.common.IC2
	at cpw.mods.fml.relauncher.RelaunchClassLoader.findClass(RelaunchClassLoader.java:125)
	at java.lang.ClassLoader.loadClass(Unknown Source)
	at java.lang.ClassLoader.loadClass(Unknown Source)
	at cpw.mods.fml.common.ModClassLoader.loadClass(ModClassLoader.java:57)
	at java.lang.Class.forName0(Native Method)
	at java.lang.Class.forName(Unknown Source)
	at cpw.mods.fml.common.FMLModContainer.constructMod(FMLModContainer.java:394)
	at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
	at sun.reflect.NativeMethodAccessorImpl.invoke(Unknown Source)
	at sun.reflect.DelegatingMethodAccessorImpl.invoke(Unknown Source)
	at java.lang.reflect.Method.invoke(Unknown Source)
	at com.google.common.eventbus.EventHandler.handleEvent(EventHandler.java:69)
	at com.google.common.eventbus.SynchronizedEventHandler.handleEvent(SynchronizedEventHandler.java:45)
	at com.google.common.eventbus.EventBus.dispatch(EventBus.java:317)
	at com.google.common.eventbus.EventBus.dispatchQueuedEvents(EventBus.java:300)
	at com.google.common.eventbus.EventBus.post(EventBus.java:268)
	at cpw.mods.fml.common.LoadController.propogateStateMessage(LoadController.java:124)
	at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
	at sun.reflect.NativeMethodAccessorImpl.invoke(Unknown Source)
	at sun.reflect.DelegatingMethodAccessorImpl.invoke(Unknown Source)
	at java.lang.reflect.Method.invoke(Unknown Source)
	at com.google.common.eventbus.EventHandler.handleEvent(EventHandler.java:69)
	at com.google.common.eventbus.SynchronizedEventHandler.handleEvent(SynchronizedEventHandler.java:45)
	at com.google.common.eventbus.EventBus.dispatch(EventBus.java:317)
	at com.google.common.eventbus.EventBus.dispatchQueuedEvents(EventBus.java:300)
	at com.google.common.eventbus.EventBus.post(EventBus.java:268)
	at cpw.mods.fml.common.LoadController.distributeStateMessage(LoadController.java:81)
	at cpw.mods.fml.common.Loader.loadMods(Loader.java:458)
	... 4 more
Caused by: java.lang.NullPointerException
	at org.objectweb.asm.ClassReader.<init>(Unknown Source)
	at cpw.mods.fml.common.asm.transformers.SideTransformer.transform(SideTransformer.java:27)
	at cpw.mods.fml.relauncher.RelaunchClassLoader.runTransformers(RelaunchClassLoader.java:162)
	at cpw.mods.fml.relauncher.RelaunchClassLoader.findClass(RelaunchClassLoader.java:118)
	... 31 more
--- END ERROR REPORT c245c4a0 ----------