what if you create a new user and run wine under this user graphical session?
If with this new user wine is ok, try to see if under your "bad" user, you have in
.wine/drive_c/windows/fonts these two files:
INTERACT.FOT
INTERACT.TTF

In case remove them and try to login again as this user to see if the problem was corrected.
Or compare the fonts directories for these two users.

I had this and you can see the thread at
http://www.redhat.com/archives/fedora-list/2007-August/msg00731.html
and
http://www.redhat.com/archives/fedora-list/2007-August/msg00824.html


HIH,
Gianluca