The service threw an unknown exception. See inner exception for details error.

I'm running SCOM 2007 R2. I can not remove any Views that were created under Monitoring nor can I remove any folders that were created. I receive The server threw an unknown exception. See inner exception for details error.

I am a member of the Operations Manager Administrators role. Below is the full error.

Note:  The following information was gathered when the operation was attempted.  The information may appear cryptic but provides context for the error.  The application will continue to run.

Microsoft.EnterpriseManagement.Common.UnknownServiceException: The service threw an unknown exception. See inner exception for details. ---> System.ServiceModel.FaultException`1[System.ServiceModel.ExceptionDetail]: The type initializer for 'Bid' threw an exception. (Fault Detail is equal to An ExceptionDetail, likely created by IncludeExceptionDetailInFaults=true, whose value is:
System.TypeInitializationException: The type initializer for 'Bid' threw an exception. ----> System.Security.SecurityException: Request for the permission of type 'System.Diagnostics.EventLogPermission, System, Version=2.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089' failed.
   at System.Security.CodeAccessSecurityEngine.Check(Object demand, StackCrawlMark& stackMark, Boolean isPermSet)
   at System.Security.CodeAccessPermission.Demand()
   at System.Diagnostics.EventLog..ctor(String logName, String machineName, String source)
   at Bid.internalInitialize()
   at Bid..cctor()
   --- End of inner ExceptionDetail stack trace ---
   at Bid.get_VerboseOn()
   at Bid.ScopeAuto..ctor(String strScopeName)
   at Microsoft.EnterpriseManagement.Configuration.ManagementPack.DeserializeManagementPack(Byte[] managementPack)
   at Microsoft.EnterpriseManagement.Mom.ServiceDataLayer.SdkDataAccess.UpdateManagementPa...).
   --- End of inner exception stack trace ---
   at Microsoft.EnterpriseManagement.DataAbstractionLayer.SdkDataAbstractionLayer.HandleIndigoExceptions(Exception ex)
   at Microsoft.EnterpriseManagement.DataAbstractionLayer.TypeSpaceOperations.UpdateManagementPack(ManagementPack managementPack, ManagementGroup managementGroup)
   at Microsoft.EnterpriseManagement.Configuration.ManagementPackDatabaseWriter.UpdateManagementPack(ManagementPack mp)
   at Microsoft.EnterpriseManagement.Configuration.ManagementPack.AcceptChanges()
   at Microsoft.EnterpriseManagement.Mom.Internal.UI.Console.MonitoringViewsFolderDefinition.DeleteViewJob(Object sender, ConsoleJobEventArgs args)
   at Microsoft.EnterpriseManagement.Mom.Internal.UI.Console.ConsoleJobExceptionHandler.ExecuteJob(IComponent component, EventHandler`1 job, Object sender, ConsoleJobEventArgs args)
System.ServiceModel.FaultException`1[System.ServiceModel.ExceptionDetail]: The type initializer for 'Bid' threw an exception. (Fault Detail is equal to An ExceptionDetail, likely created by IncludeExceptionDetailInFaults=true, whose value is:
System.TypeInitializationException: The type initializer for 'Bid' threw an exception. ----> System.Security.SecurityException: Request for the permission of type 'System.Diagnostics.EventLogPermission, System, Version=2.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089' failed.
   at System.Security.CodeAccessSecurityEngine.Check(Object demand, StackCrawlMark& stackMark, Boolean isPermSet)
   at System.Security.CodeAccessPermission.Demand()
   at System.Diagnostics.EventLog..ctor(String logName, String machineName, String source)
   at Bid.internalInitialize()
   at Bid..cctor()
   --- End of inner ExceptionDetail stack trace ---
   at Bid.get_VerboseOn()
   at Bid.ScopeAuto..ctor(String strScopeName)
   at Microsoft.EnterpriseManagement.Configuration.ManagementPack.DeserializeManagementPack(Byte[] managementPack)
   at Microsoft.EnterpriseManagement.Mom.ServiceDataLayer.SdkDataAccess.UpdateManagementPa...).