Bug#446744: linux-image-2.6.18-5-amd64: System fail to boot with linux-image-2.6.8-5-amd64 giving error message: Kernel Panic -

[maximilian attems <max@stro.at>]

On Tue, Oct 16, 2007 at 04:00:06PM +0200, Eduard Wildknaap wrote:
> 
> We got the following message when booting into 2.6.18-5-amd64:
> 
> Freeing unused kernel memory: 176k freed
> /bin/sh: error while loading shared libraries: libcrypt.so.1: cannot
> open shared object file: No such file or directory
> Kernel panic - no syncing: Attempted to kill init!

what are you bootargs?
cat /proc/cmdline

also try to update your initramfs it looks incomplete
update-initramfs -u -k $(uname -r)
 
-- 
maks