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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): December 18, 2008 (December 17, 2008)

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

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

505 Fifth Avenue
New York, New York 10017

(Address of principal executive offices) (Zip Code)

______________________________________

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:

¨     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))

 


Item 8.01 Other Events

     On December 17, 2008, CIT Group Inc. (“CIT”) announced that it had priced its previously announced offering of its common stock at $4.00 per share and increased the size of the offering from $250 million to $300 million.

      A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.   
 
  (d)  Exhibits.   
 
Exhibit       
No.      Description of Exhibit 




99.1             Press release dated December 17, 2008.   


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.

Date: December 18, 2008

                  CIT GROUP INC. 
                 
                 
                By:    /s/ Glenn A. Votek                                                     
                   
                    Name: Glenn A. Votek 
                    Title: Executive Vice President and Treasurer 


                                     EXHIBIT INDEX

                                                                                         
 
Exhibit     
No.                               Description of Exhibit 

 
99.1                    Press release dated December 17, 2008.