Markdown failure in Internet Explorer

[lookingatit]

I'm using this jQuery Markdown from arhpreston for my purposes. My jQuery code(though irrelevant) is:\[code\]var converter = new Markdown.Converter();$(document).ready(function(e) { $('#content').html( converter.makeHtml($('#content').text()) );});\[/code\]Where, \[code\]#content\[/code\] is a \[code\]div\[/code\]:\[code\]<div id="content">This is another of most common type of error. It is usually encountered when you are trying something which needs a user registration(at the very least). If you haven't registered on the hub yet, **Gods help you!**.Anyways, the hub is mostly open for registrations on weekends(*generally* Sunday; sometimes Saturday too). Keep looking at the **Hub Topic** for the notifying information on the registration details. ### NOTEYou must not, under any non-dire circumstance ask any Admin to get your nick registered. We *WILL* be banning you. It is annoying if nothing else.</div>\[/code\]Everything is working fine and I'm having no troubles at all. The only thing is the text is parsed as semi-HTML in Internet Explorer as shown in the screenshot:

MS IE sucks, as usualAs can be seen in the screenshot, all my strong and italics are being parsed with correct HTML but all other markups fail. The links (with \[code\][1]:\[/code\] scheme) get parsed, but not linked to the actual content. They are just appended at the end as text.The following content between \[code\]hr\[/code\] displays how it should be parsed instead.This is another of most common type of error. It is usually encountered when you are trying something which needs a user registration(at the very least). If you haven't registered on the hub yet, Gods help you!.Anyways, the hub is mostly open for registrations on weekends(generally Sunday; sometimes Saturday too). Keep looking at the Hub Topic for the notifying information on the registration details. NOTEYou must not, under any non-dire circumstance ask any Admin to get your nick registered. We WILL be banning you. It is annoying if nothing else.I am using IE 7 for this. But the problem is there on IE 8 as well. jQuery version is 1.9.1. The page has no problems in parsing on any other browser(Opera, Firefox, Chrome, Safari) in any other OS(Windows Xp to 8, *nix and Leopard). I don't have any problem by showing IE users a message to use some other browser. Just want to know where from is this fault originating?