UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 14, 2008

CIT GROUP INC.
(Exact name of registrant as specified in its charter)

Delaware 001-31369 65-1051192
(State or other
jurisdiction of
incorporation) 		(Commission
File Number)		 (IRS Employer
Identification No.)

505 Fifth Avenue
New York, New York 10017
(Address of registrant’s principal executive office)

Registrant’s telephone number, including area code: (212) 771-0505

                                               Not Applicable                                             
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[_]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[_]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[_]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[_]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 2 — Financial Information

Item 2.02. Results of Operations and Financial Condition.

        This Current Report on Form 8-K includes as an exhibit a press release, dated June 17, 2008, reporting the financial results of CIT Group Inc. as of and for the quarter. The press release is attached as Exhibit 99.1. This press release includes certain non-GAAP financial measures. A reconciliation of those measures to the most directly comparable GAAP measures is included as a table to the press release. The information furnished under this Item 2.02, including Exhibit 99.1, shall be considered filed for purposes of the Securities Exchange Act of 1934, as amended.

Section 8 — Other Events

Item 8.01. Other Events.

Dividend Declared

        This Current Report on Form 8-K includes as an exhibit a press release, dated June 14, 2008, reporting that the Board of Directors of CIT Group Inc. declared (a) a cash dividend in the amount of $.10 per share for the quarter ended June 30, 2008 on the Company’s common stock, payable on August 29, 2008 to shareholders of record on August 15, 2008, (b) a cash dividend in the amount of $0.396875 per share on the Company’s Series A preferred stock for the quarter ended June 30, 2008, payable on September 15, 2008 to holders of record on August 29, 2008, (c) a cash dividend in the amount of $1.297250 per share on the Company’s Series B preferred stock for the quarter ended June 30, 2008, payable on September 15, 2008 to holders of record on August 29, 2008, and (d) a cash dividend in the amount of $1.093750 per share on the Company’s Series C preferred stock for the quarter ended June 30, 2008, payable on September 15, 2008 to holders of record on August 29, 2008. The press release is attached as Exhibit 99.2.

Home Lending Sale Complete

        In addition, CIT also announced that it completed the sale of its Home Lending assets on July 8, 2008 and has received substantially all of the $1.8 billion of cash proceeds. This announcement is located in paragraph 3 of the press release attached as Exhibit 99.2.

Section 9 — Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

  99.1 Press release issued by CIT Group Inc. on July 17, 2008.

  99.2 Press release issued by CIT Group Inc. on July 14, 2008

        This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements (including statements regarding future financial and operating results) involve risks, uncertainties and contingencies, many of which are beyond CIT’s control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. All statements contained in this document that are not clearly historical in nature are forward-looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward-looking statements. Economic, business, funding market, competitive and/or regulatory factors, among others, affecting CIT’s businesses are examples of factors that could cause actual results to differ materially from those described in the forward-looking statements. More detailed information about these factors are described in CIT’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2007 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2008. CIT is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  CIT GROUP INC.
(Registrant)
    
    
  By:   /s/ William J. Taylor
William J. Taylor
Executive Vice President, Controller &
Principal Accounting Officer
 

Dated: July 17, 2008