F-spot does not open

I am using Karmic 9.10 on my Dell Vostro A860 Laptop. I have a problem in opening F-spot. I noticed that this happened soon after i installed google picasa. This is what I get on opening f-spot using command line:
kartik@kartik-laptop:~$ f-spot
[Info 18:12:52.831] Initializing DBus
[Info 18:12:52.967] Initializing Mono.Addins
[Info 18:12:53.171] Starting new FSpot server (f-spot 0.6.1.5)

** (f-spot:4433): CRITICAL **: atk_object_set_name: assertion `name != NULL' failed

** (f-spot:4433): CRITICAL **: atk_object_set_name: assertion `name != NULL' failed

** (f-spot:4433): CRITICAL **: atk_object_set_name: assertion `name != NULL' failed

** (f-spot:4433): CRITICAL **: atk_object_set_name: assertion `name != NULL' failed

** (f-spot:4433): CRITICAL **: atk_object_set_name: assertion `name != NULL' failed
[Info 18:12:54.309] Starting BeagleService
[Info 18:12:54.331] Hack for gnome-settings-daemon engaged

(f-spot:4433): GdkPixbuf-WARNING **: GdkPixbufLoader finalized without calling gdk_pixbuf_loader_close() - this is not allowed. You must explicitly end the data stream to the loader before dropping the last reference.
The program 'f-spot' received an X Window System error.
This probably reflects a bug in the program.
The error was 'BadAlloc (insufficient resources for operation)'.
  (Details: serial 2892 error_code 11 request_code 53 minor_code 0)
  (Note to programmers: normally, X errors are reported asynchronously;
   that is, you will receive the error a while after causing it.
   To debug your program, run it with the --sync command line
   option to change this behavior. You can then get a meaningful
   backtrace from your debugger if you break on the gdk_x_error() function.)