kernel panic on hrtimer_run_queues+0x43 on Red Hat Enterprise Linux 5

Issue

The kernel crashes and shows the following messages

Unable to handle kernel paging request at 0000040000000000 RIP:  [<0000040000000000>]

PGD 0
Oops: 0010 [1] SMP
last sysfs file: /devices/platform/host7/session2/target7:0:0/7:0:0:11/timeout
CPU 9
Modules linked in: autofs4 hidp rfcomm l2cap bluetooth lock_dlm gfs2 dlm configfs dm_round_robin lockd sunrpc bonding be2iscsi ib_iser rdma_cm ib_cm iw_cm ib_sa ib_mad ib_core ib_addr iscsi_tcp bnx2i cnic ipv6 xfrm_nalgo crypto_api uio cxgb3i cxgb3 libiscsi_tcp libiscsi2 scsi_transport_iscsi2 scsi_transport_iscsi dm_multipath scsi_dh video backlight sbs power_meter hwmon i2c_ec i2c_core dell_wmi wmi button battery asus_acpi acpi_memhotplug ac parport_pc lp parport joydev sr_mod cdrom sg tpm_tis igb be2net tpm hpilo serio_raw bnx2 tpm_bios pcspkr dca i7core_edac edac_mc 8021q dm_raid45 dm_message dm_region_hash dm_mem_cache dm_snapshot dm_zero dm_mirror dm_log dm_mod ata_piix libata shpchp cciss sd_mod scsi_mod ext3 jbd uhci_hcd ohci_hcd ehci_hcd
Pid: 0, comm: swapper Not tainted 2.6.18-238.9.1.el5 #1
RIP: 0010:[<0000040000000000>]  [<0000040000000000>]
RSP: 0018:ffff81031fd4bec8  EFLAGS: 00010206
RAX: 0000040000000000 RBX: 0000000000000046 RCX: 7ffffffffffffffe
RDX: ffff8103aa406a00 RSI: 0000000000000080 RDI: ffffffff8043df90
RBP: 0000000000000021 R08: 0000000000000002 R09: ffff81031fd45df8
R10: 0000000000000001 R11: ffff81060bbf3be0 R12: ffff81032a8a4f00
R13: ffff81032a8a4ec0 R14: 0000000000000009 R15: 0000000000000001
FS:  0000000000000000(0000) GS:ffff81061feb9840(0000) knlGS:0000000000000000
CS:  0010 DS: 0018 ES: 0018 CR0: 000000008005003b
CR2: 0000040000000000 CR3: 000000060bb92000 CR4: 00000000000006e0
Process swapper (pid: 0, threadinfo ffff81031fd44000, task ffff81061febb820)
Stack:  ffffffff8004f7d1 0000000000000023 0000000000000046 0000000000000021
ffff81061feb4000 000000000000000a 0000000000000009 ffffffff80450380
ffffffff8009950c 0000000000000001 000000091fd45df8 ffff81061febb820
Call Trace:
<IRQ>  [<ffffffff8004f7d1>] hrtimer_run_queues+0x43/0x197
[<ffffffff8009950c>] run_timer_softirq+0x27/0x241
[<ffffffff8001253c>] __do_softirq+0x89/0x133
[<ffffffff8005e2fc>] call_softirq+0x1c/0x28
[<ffffffff8006d5f5>] do_softirq+0x2c/0x7d
[<ffffffff8005dc8e>] apic_timer_interrupt+0x66/0x6c
<EOI>  [<ffffffff801a1430>] acpi_processor_idle_simple+0x1a9/0x316
[<ffffffff801a13ed>] acpi_processor_idle_simple+0x166/0x316
[<ffffffff801a1287>] acpi_processor_idle_simple+0x0/0x316
[<ffffffff80049485>] cpu_idle+0x95/0xb8
[<ffffffff80078688>] start_secondary+0x490/0x49f