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<P style="text-align: center;"> <B>As filed with the Securities and Exchange Commission on May 20, 2011</B></P>
<P style="text-align: right;"> <B>Registration No. 333-________</B></P>
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<P style="text-align: center;"> <B>UNITED STATES</B><BR>

<B><font size="4">SECURITIES AND EXCHANGE COMMISSION</font></B><BR>

<B>WASHINGTON, D.C. 20549</B></P>
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<P style="text-align: center;"> <B><font size="4">FORM S-8</font></B><font size="4"><BR>

<B>REGISTRATION STATEMENT</B></font><BR>

<B>UNDER</B><BR>

<B>THE SECURITIES ACT OF 1933</B></P>
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<P style="text-align: center;"> <B><font size="5">CIT GROUP INC.</font></B><BR>
(Exact name of registrant as specified in its charter)</P>
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    <TD></TD>

    <TD></TD>
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<TR valign="bottom">

    <TD align=center width="50%"> <B>Delaware</B></TD>

    <TD align=center width="50%"> <B>65-1051192</B></TD>
  </TR>
<TR valign="bottom">

    <TD align=center width="50%"> (State or other jurisdiction of incorporation or organization)</TD>

    <TD align=center width="50%"> (I.R.S. Employer Identification No.)</TD>
  </TR>
<TR>

    <TD colspan=2>&nbsp; </TD>
  </TR>
<TR valign="bottom">

    <TD align=center> <B>11 West 42nd Street</B></TD>

    <TD align=left>&nbsp; </TD>
  </TR>
<TR valign="bottom">

    <TD align=center> <B>New York, New York</B></TD>

    <TD align=center> <B>10036</B></TD>
  </TR>
<TR valign="bottom">

    <TD align=center> (Address of principal executive offices)</TD>

    <TD align=center> (Zip Code)</TD>
  </TR> </TABLE>

<P style="text-align: center;"> <B>CIT Group Inc. 2011 Employee Stock Purchase Plan</B><BR>
(Full title of the plan)<BR>
<BR>
<B>Robert J. Ingato, Esq.</B><BR>
<B>Executive Vice President, General Counsel and Secretary</B><BR>
<B>CIT Group Inc.</B><BR>
<B>One CIT Drive</B><BR>
<B>Livingston, New Jersey 07039</B><BR>
(Name and address of agent for service)</P>
<P style="text-align: center;"> <B>(973) 740-5000</B><BR>

(telephone number, including area code, of agent for service)</P>
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<P style="text-align: center;"> <I>Copies of all communications to:</I><BR>

<B>Andrea S. Rattner, Esq.</B><BR>

<B>Proskauer Rose LLP</B><BR>

<B>Eleven Times Square</B><BR>

<B>New York, New York 10036</B><BR>

<B>212-969-3000</B></P>
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<P style="text-align: left;"> Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of &#147;large accelerated filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule 12b-2 of the Exchange Act.</P>
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     <TD width=66%></TD>
     <TD width=33%></TD></TR>
<TR valign="bottom">

    <TD align=left> Large accelerated filer <font face="Wingdings">x</font></TD>

    <TD align=left> Accelerated filer <font face="Wingdings">o</font></TD>
  </TR>
<TR valign="bottom">

    <TD align=left> Non-accelerated filer <font face="Wingdings">o</font> (Do not check if a smaller reporting company)</TD>

    <TD align=left> Smaller reporting company <font face="Wingdings">o</font></TD>
  </TR> </TABLE>

<P style="text-align: center;"> <B>CALCULATION OF REGISTRATION FEE</B></P>
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  <TR>

    <TD width=27%></TD>
    <TD width=20%></TD>
    <TD width=19%></TD>
    <TD width=18%></TD>
    <TD width=13%></TD>
  </TR>
  <TR valign="bottom" align="center">
    <TD colspan="5">
      <hr size="1" noshade>
    </TD>
  </TR>

  <TR valign="bottom" align="center">

    <TD>&nbsp; </TD>
    <TD>&nbsp; </TD>
    <TD> <font size="1"><B>Proposed maximum</B></font></TD>
    <TD> <font size="1"><B>Proposed maximum</B></font></TD>
    <TD>&nbsp; </TD>
  </TR>

  <TR valign="bottom" align="center">

    <TD> <font size="1"><B>Title of securities</B></font></TD>
    <TD> <font size="1"><B>Amount to</B></font></TD>
    <TD> <font size="1"><B>offering price</B></font></TD>
    <TD> <font size="1"><B>aggregate</B></font></TD>
    <TD> <font size="1"><B>Amount of</B></font></TD>
  </TR>

  <TR valign="bottom" align="center">

    <TD> <font size="1"><B>to be registered</B></font></TD>
    <TD> <font size="1"><B>be registered(1)</B></font></TD>
    <TD> <font size="1"><B>per share(2)</B></font></TD>
    <TD> <font size="1"><B>offering price(2)</B></font></TD>
    <TD> <font size="1"><B>Registration Fee(3)</B></font></TD>
  </TR>
  <tr valign="bottom" align="center">
    <td colspan="5">
      <hr size="1" noshade>
    </td>
  </tr>



  <TR valign="bottom">

    <TD align=right> Common Stock, par value &#36;0.01</TD>
    <TD align=center> 2,000,000 shares</TD>
    <TD align=center> &#36;42.70</TD>
    <TD align=center> &#36;85,400,000.00</TD>
    <TD align=center> &#36;9,914.94</TD>
  </TR>
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    <td colspan="5">
      <hr size="1" noshade>
    </td>
  </tr>


</TABLE>
<br>
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  <TR>

    <TD nowrap valign=top width="2%"> (1)&nbsp; &nbsp; &nbsp;   </TD>
    <TD width="98%">
      <P align="left">Represents shares of CIT Group Inc. common stock, par value &#36;0.01 per share (&#147;Common Stock&#148;), that may be granted under the CIT Group Inc. 2011 Employee Stock Purchase Plan (the &#147;Plan&#148;). This Registration Statement also registers such additional shares of Common Stock as may be offered or issued under the Plan to prevent dilution resulting from stock splits, stock dividends or similar transactions which results in an increase in the number of the outstanding shares of Common Stock or shares issuable pursuant to awards granted under the Plan. In addition, pursuant to Rule 416(c) under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;), this Registration Statement also covers an indeterminate amount of interests to be offered or sold pursuant to the Plan.</P>
    </TD>
  </TR>
  <TR>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD width="98%">&nbsp;</TD>
  </TR>

  <TR>

    <TD nowrap valign=top width="2%"> (2)&nbsp; &nbsp; &nbsp;   </TD>
    <TD width="98%">
      <P align="left">Calculated solely for the purpose of determining the registration fee for this offering pursuant to Rule 457(h) under the Securities Act, based upon the average of the high and low sales prices of the Common Stock on May 13, 2011, as reported on the New York Stock Exchange (within 5 business days prior to filing this Registration Statement).</P>
    </TD>
  </TR>
  <TR>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD width="98%">&nbsp;</TD>
  </TR>
  <TR>
    <TD nowrap valign=top width="2%"><font face="Times New Roman, Times, serif" size="2" color="black">(3) </font></TD>
    <TD width="98%"><font face="Times New Roman, Times, serif" size="2" color="black">In connection with the filing of the Form S-8 Registration Statement (Registration No. 333-136454) filed with the Securities and Exchange Commission (the &#147;Commission&#148;) on August 9, 2006 (the &#147;2006 Registration Statement&#148;), CIT Group Inc. paid a total fee of $36,701.41, of which all $36,701.41 was paid with respect to securities which were subsequently deregistered (the &#147;Deregistered Securities&#148;) from the 2006 Registration Statement by a Post-Effective Amendment No. 1 to Form S-8 Registration Statement filed with the Commission on December 11, 2009.  Pursuant to Rule 457(p) under the Securities Act, $9,914.94 of the previous registration fee of $36,701.41 paid in connection with registration of the Deregistered Securities under the 2006 Registration Statement is being offset against the total registration fee of $9,914.94 that otherwise would have been currently due with respect to the 2,000,000 shares of Common Stock being registered under this Registration Statement.  Therefore, no additional registration fee is required with respect to the 2,000,000 shares of Common Stock to be registered hereunder.  Following the registration of this Registration Statement, $26,786.47 of the registration fee for the Deregistered Securities under the 2006 Registration Statement will remain available for future offset against registration fees in accordance with Rule 457(p) under the Securities Act.</font></TD>
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</TABLE>
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<P style="text-align: center;"> <B>PART I</B></P>
<P style="text-align: center;"> <B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B></P>
<P style="text-align: left;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The document(s) containing the information specified in this Part I will be sent or given to eligible employees to participate in the CIT Group Inc. 2011 Employee Stock Purchase Plan (the &#147;Plan&#148;) as specified by Rule 428(b)(1) under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;). These documents and the documents incorporated by reference into this Registration Statement pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus that meets the requirements of 10(a) of the Securities Act.</P>
<P style="text-align: center;"> <B>PART II</B></P>
<P style="text-align: center;"> <B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></P>
<P style="text-align: left;"> <B>Item 3. Incorporation of Documents by Reference.</B></P>
<P style="text-align: left;"> The following documents filed with the Securities and Exchange Commission (the &#147;Commission&#148;) by CIT Group Inc. (the &#147;Company&#148; or the &#147;Registrant&#148;) are incorporated herein by reference:</P>
<TABLE border=0 cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;">

  <TR>
    <TD nowrap valign=top width="2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD nowrap valign=top width="2%"> (a)&nbsp; &nbsp; &nbsp;   </TD>
    <TD width="98%">
      <P align="left">The Company&#146;s Annual Report on Form 10-K for the fiscal year ended December 31, 2010, filed with the Commission on March 10, 2011;</P>
    </TD>
  </TR>
  <TR>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD width="98%">&nbsp;</TD>
  </TR>

  <TR>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD nowrap valign=top width="2%"> (b)&nbsp; &nbsp; &nbsp;   </TD>
    <TD width="98%">
      <P align="left">The Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2011, filed with the Commission on May 10, 2011;</P>
    </TD>
  </TR>
  <TR>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD width="98%">&nbsp;</TD>
  </TR>

  <TR>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD nowrap valign=top width="2%"> (c)&nbsp; &nbsp; &nbsp;   </TD>
    <TD width="98%">
      <P align="left">The Company&#146;s Current Reports on Form 8-K filed with the Commission on January 4, 2011, January 21, 2011, February 2, 2011, February 14, 2011, February 15, 2011, March 1, 2011, March 25, 2011, March 31, 2011, April 20, 2011, April 22, 2011, April 27, 2011,  May 10, 2011, May 16, 2011, and May 18, 2011; and</P>
    </TD>
  </TR>
  <TR>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD width="98%">&nbsp;</TD>
  </TR>

  <TR>
    <TD nowrap valign=top width="2%">&nbsp;</TD>
    <TD nowrap valign=top width="2%"> (d)&nbsp; &nbsp; &nbsp;   </TD>
    <TD width="98%">
      <P align="left">The description of the Company&#146;s Common Stock contained in the registration statement on Form 8-A, filed with the Commission on December 9, 2009, by the Company to register such securities under the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), including any amendment or report filed with the Commission for the purpose of updating such description.</P>
    </TD>
  </TR>

</TABLE>
<P   style="text-align:   left;">  All  documents   subsequently  filed  by  the
Corporation pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act,
prior to the  filing of a  post-effective  amendment  which  indicates  that all
securities  offered  have been sold or which  deregisters  all  securities  then
remaining  unsold,  shall be  deemed to be  incorporated  by  reference  in this
Registration  Statement  and to be part  hereof  from  the date of  filing  such
documents.  Any statement contained in any document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or replaced by a
statement or information in any other subsequently  filed document  incorporated
herein by reference. In no event, however, will any information that the Company
discloses  under Item 2.02 or Item 7.01 of any  Current  Report on Form 8-K that
the Company may from time to time furnish to the Commission be  incorporated  by
reference into, or otherwise become a part of, this Registration Statement.  Any
such statement so modified,  superseded or replaced shall not be deemed,  except
as so modified,  superseded or replaced, to constitute part of this Registration
Statement.</P>
<P style="text-align: left;"> <B>Item 4. Description of Securities.</B></P>
<P style="text-align: left;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</P>

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<P style="text-align: left;"> <B>Item 5. Interest of Named Experts and Counsel.</B></P>
<P style="text-align: left;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</P>
<P style="text-align: left;"> <B>Item 6. Indemnification of Directors and Officers.</B></P>
<P  style="text-align:  left;"> Under Section 145 of the General Corporation Law
of the State of Delaware,  the Company has powers to indemnify its directors and
officers against  liabilities that they may incur in such capacities,  including
liabilities  under the Securities  Act. Both the  Registrant&#146;s  Amended and
Restated   By-Laws   (&#147;By-Laws&#148;)   and  Third   Amended  and  Restated
Certificate of Incorporation  (&#147;Certificate of Incorporation&#148;) provide
for  mandatory  indemnification  of its  directors  and  officers to the fullest
extent  permissible  under Delaware law. Article IX of the By-Laws provides that
expenses (including attorneys&#146;  fees) incurred by an officer or director of
the Company or by a former  director or officer of the Company in defending  any
civil, criminal,  administrative or investigative action, suit or proceeding for
which  indemnification is available pursuant to the By-Laws shall be paid by the
Company in advance of the final  disposition of such action,  suit or proceeding
upon receipt of an  undertaking  by or on behalf of such  director or officer to
repay such amount if it shall  ultimately  be  determined  that he or she is not
entitled to be indemnified by the Company.</P>

<P  style="text-align:  left;"> In addition,  the Company  shall  indemnify  any
person  who  was or is a  party  or is  threatened  to be  made a  party  to any
threatened,  pending  or  completed  action  or suit by or in the  right  of the
Company to procure a judgment  in its favor by reason of the fact that he or she
is or was a director,  officer,  employee or agent of the Company,  or is or was
serving at the request of the Company as a director,  officer, employee or agent
of another corporation,  partnership,  joint venture, trust or other enterprise,
against expenses (including  attorneys&#146;  fees, if such attorney&#146;s fees
are incurred in accordance  with the policies and procedures  established by the
Company from  time-to-time)  actually and  reasonably  incurred by him or her in
connection  with the defense or  settlement  of such action or suit if he or she
acted in good faith and in a manner he or she  reasonably  believed  to be in or
not opposed to the best interests of the Company; except that no indemnification
shall be made in respect of any claim,  issue or matter as to which such  person
shall  have been  adjudged  to be liable to the  Company  unless and only to the
extent  that the Court of Chancery or the court in which such action or suit was
brought shall  determine upon  application  that,  despite the  adjudication  of
liability  but in view of all the  circumstances  of the  case,  such  person is
fairly and reasonably entitled to indemnity for such expenses which the Court of
Chancery or such other court shall deem proper.</P>
<P style="text-align: left;"> In addition, Article Ninth of the Certificate of Incorporation of the Company provides that each person who is or was a director or officer of the Company shall be indemnified by the Registrant to the fullest extent permitted by the General Corporation Law of the State of Delaware, as the same may be amended (but, if permitted by applicable law, in the case of any amendment, only to the extent that such amendment permits the Company to provide broader indemnification rights than permitted prior to such amendment).</P>
<P style="text-align: left;"> The Company has in effect insurance policies in the amount of &#36;180 million for general officers&#146; and directors&#146; liability insurance and &#36;20 million for fiduciary and pension trust liability insurance covering all of the Company&#146;s directors and officers in certain instances where by law they may not be indemnified by the Company.</P>
<P style="text-align: left;"> <B>Item 7. Exemption from Registration Claimed.</B></P>
<P style="text-align: left;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</P>

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<TR>
     <TD width=100%></TD></TR>
<TR valign="bottom">
     <TD align=left> <B>Item 8. Exhibits.</B></TD> </TR> </TABLE><BR>
<TABLE border=1 width=100% cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;" cellpadding="2">




  <TR valign="bottom">

    <TD align=center> <B>Exhibit <br>
      <U>Number </U></B></TD>
    <TD align=left> <B><U>Description</U></B></TD>
  </TR>

  <TR valign="top">

    <TD align=center> 4.1</TD>
    <TD align=left> CIT Group Inc. 2011 Employee Stock Purchase Plan.*</TD>
  </TR>

  <TR valign="top">

    <TD align=center> 4.2</TD>
    <TD align=left> Third Amended and Restated Certificate of Incorporation of CIT Group Inc. (incorporated  herein by reference to Exhibit 3.1 of the Form 8-K filed with the Commission on December  9, 2009). </TD>
  </TR>





  <TR valign="top">

    <TD align=center> 4.3</TD>
    <TD align=left> Amended and Restated By-Laws of CIT Group Inc. (incorporated herein by reference to Exhibit 3.2 of the Form 8-K filed with the Commission on December 9, 2009).</TD>
  </TR>



  <TR valign="top">

    <TD align=center> 5.1</TD>
    <TD align=left> Opinion of Proskauer Rose LLP.*</TD>
  </TR>

  <TR valign="top">

    <TD align=center> 23.1</TD>
    <TD align=left> Consent of PricewaterhouseCoopers.*</TD>
  </TR>

  <TR valign="top">

    <TD align=center> 23.2</TD>
    <TD align=left> Consent of Proskauer Rose LLP (included in Exhibit 5.1).</TD>
  </TR>

  <TR valign="top">

    <TD align=center> 24.1</TD>
    <TD align=left> Powers of Attorney (included on the signature page of this Registration Statement).</TD>
  </TR>

</TABLE>
<BR>
<TABLE border=0 cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;">
<TR>
     <TD nowrap valign=top width="2%"> *&nbsp; &nbsp; &nbsp;    </TD>
     <TD width="98%">
<P align="left">Filed herewith</P>
        </TD> </TR> </TABLE>

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<P style="text-align: left;"> <B>Item 9. Undertakings.</B></P>
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  <TR>

    <TD></TD>
    <TD></TD>
  </TR>

  <TR valign="top">

    <TD width=5%>
      <P>(a)</P>
    </TD>
    <TD colspan=1>
      <P>The undersigned Registrant hereby undertakes:</P>
      <P>(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</P>
      <blockquote>
        <p>(i) To include any prospectus required by section 10(a)(3) of the Securities Act;</p>
        <p>(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the effective Registration Statement; and</p>
        <p>(iii) to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;</p>
      </blockquote>
      <P><I>provided, however</I>, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to section 13 or section 15(d) of the Exchange Act (15 U.S.C. 78m or 78o(d)) that are incorporated by reference in the Registration Statement.</P>
      <P>(2) That, for the purpose of determining any liability under the Securities Act, each such post- effective amendment shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</P>
      <P>(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</P>
    </TD>
  </TR>
  <TR valign="top">
    <TD>&nbsp;</TD>
    <TD colspan=1>&nbsp;</TD>
  </TR>

  <TR valign="top">

    <TD>
      <P>(b)</P>
    </TD>
    <TD colspan=1>
      <P>The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&#146;s annual report pursuant to section 13(a) or section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s annual report pursuant to section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</P>
    </TD>
  </TR>

  <TR>

    <TD colspan=2>&nbsp; </TD>
  </TR>

  <TR valign="top">

    <TD>
      <P>(c)</P>
    </TD>
    <TD colspan=1>
<P>Insofar as indemnification  for liabilities  arising under the Securities Act
may  be  permitted  to  directors,  officers  and  controlling  persons  of  the
Registrant pursuant to the foregoing  provisions,  or otherwise,  the Registrant
has been advised that in the opinion of the Commission such  indemnification  is
against  public  policy as expressed in the  Securities  Act and is,  therefore,
unenforceable.  In the  event  that a claim  for  indemnification  against  such
liabilities  (other than the payment by the  Registrant of expenses  incurred or
paid by a  director,  officer or  controlling  person of the  Registrant  in the
successful  defense of any  action,  suit or  proceeding)  is  asserted  by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been  settled by  controlling  precedent,  submit to a court of  appropriate
jurisdiction the question whether such  indemnification  by it is against public
policy as  expressed  in the  Securities  Act and will be  governed by the final
adjudication of such issue.</P>
    </TD>
  </TR>

</TABLE>


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</p>
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<P style="text-align: center;"> <B>SIGNATURES</B></P>
<P style="text-align: left;"> <B>The Registrant. </B>Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 16th  day of May, 2011.</P>
<TABLE border=0 cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;" width=100%>

  <TR>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
  </TR>

  <TR valign="bottom">

    <TD align=left width="50%">&nbsp; </TD>
    <TD align=left colspan=3 width="50%">CIT GROUP INC.</TD>
  </TR>

  <TR>

    <TD colspan=4>&nbsp; </TD>
  </TR>

  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=left width="3%">By:&nbsp;</TD>
    <TD align=left colspan="2">/s/ Robert J. Ingato  </TD>
  </TR>

  <TR>

    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD colspan=2>
      <hr size="1" noshade>
    </TD>
  </TR>

  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left width="3%" valign="top"> Name:&nbsp;</TD>
    <TD align=left valign="top"> Robert J. Ingato</TD>
  </TR>

  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left valign="top"> Title:</TD>
    <TD align=left valign="top"> Executive Vice President, General</TD>
  </TR>

  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left valign="top">&nbsp; </TD>
    <TD align=left valign="top"> Counsel and Secretary</TD>
  </TR>

</TABLE>

<P style="text-align: left;"> <B>CIT Group Inc. 2011 Employee Stock Purchase Plan. </B>Pursuant to the requirements of the Securities Act of 1933, the trustees (or other persons who administer the CIT Group Inc. 2011 Employee Stock Purchase Plan) have caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 12th day of May, 2011.</P>
<TABLE border=0 cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;" width=100%>

  <TR>
    <TD></TD>
    <TD></TD>
    <TD></TD>
    <TD></TD>
  </TR>

  <TR valign="bottom">
    <TD align=left width="50%">&nbsp;</TD>
    <TD align=left colspan=3 width="50%"> CIT GROUP INC. 2011 EMPLOYEE STOCK <br>
      PURCHASE PLAN</TD>
  </TR>

  <TR valign="bottom">

    <TD align=left colspan=4>&nbsp; </TD>
  </TR>



  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=left width="3%"> By:</TD>
    <TD align=left colspan="2"> /s/ Lisa D. Zonino</TD>
  </TR>

  <TR>

    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD colspan=2>
      <hr size="1" noshade>
    </TD>
  </TR>

  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <td align=left valign="top"> Name:</td>
    <TD align=left valign="top"> Lisa D. Zonino</TD>
  </TR>

  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <td align=left valign="top"> Title:</td>
    <TD align=left valign="top"> Chair of the Employee Benefit Plans Committee</TD>
  </TR>



</TABLE>

<P style="text-align: center;"> <B>POWER OF ATTORNEY</B></P>

<P  style="text-align:  left;">  <B>KNOW ALL PERSONS BY THESE PRESENTS  </B>that
each person whose  signature  appears below  constitutes  and appoints Robert J.
Ingato, Eric S. Mandelbaum and James P. Shanahan,  or each of them individually,
such person&#146;s true and lawful attorneys-in-fact and agents, with full power
of substitution and re-substitution,  to act, without the other, for and in such
person&#146;s name, place and stead, in any and all capacities  indicated below,
to sign this  Registration  Statement  on Form S-8 of CIT Group Inc. and any and
all amendments  (including  post-effective  amendments)  thereto, and to file or
cause to be filed the same,  with all exhibits  thereto,  and other documents in
connection therewith, with the Securities and Exchange Commission, granting unto
said attorneys-in-fact and agents, and each of them, full power and authority to
do and perform each and every act and thing  requisite  and necessary to be done
in  connection  therewith,  as fully to all intents and  purposes as such person
might,  or could,  do in person,  hereby  ratifying and confirming all that said
attorneys-in-fact  and  agents,  and  each  of  them,  or  their  substitute  or
substitutes, may lawfully do or cause to be done by virtue hereof.</P>
<P style="text-align: left;"> Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.</P>
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<table border=0 cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;" width=100% cellpadding="0">

  <tr>

    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>

  <tr valign="bottom">

    <td align=center width="25%"><u>Signature</u> </td>
    <td align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </td>
    <td align=center> <u>Title</u></td>
    <td align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
    <td align=center width="25%"> <u>Date</u></td>
  </tr>
  <tr valign="top">
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=center>&nbsp; </td>
    <td align=center>&nbsp;</td>
    <td align=center>&nbsp;</td>
  </tr>






  <tr valign="top">

    <td align=left> /s/ John A. Thain

    </td>
    <td align=left>&nbsp; </td>
    <td align=center rowspan="3">Chairman of the Board of Directors <br>
    and Chief Executive Officer <br>
     (Principal Executive Officer)</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 16, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> John A. Thain</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ Scott T. Parker</td>
    <td align=left>&nbsp; </td>
    <td align=center rowspan="2"> Chief Financial Officer <br>
    (Principal Financial Officer)</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 12, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> Scott T. Parker</td>
    <td align=left>&nbsp; </td>
    <td align=center>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ Carol Hayles</td>
    <td align=left>&nbsp; </td>
    <td align=center nowrap rowspan="2"> Senior Vice President and Controller  <br>
    (Principal Accounting Officer)</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 16, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> Carol Hayles</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ Michael J. Embler</td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 11, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> Michael J. Embler</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ William M. Freeman</td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 11, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> William M. Freeman</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ David M. Moffett</td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 11, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> David M. Moffett</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ R. Brad Oates</td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 12, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> R. Brad Oates</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ Marianne Miller Parrs</td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 11, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> Marianne Miller Parrs</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ Gerald Rosenfeld</td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 13, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> Gerald Rosenfeld</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ John R. Ryan</td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 12, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> John R. Ryan</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>





  <tr valign="top">

    <td colspan=5>&nbsp; </td>
  </tr>

  <tr valign="top">

    <td align=left> /s/ Seymour Sternberg</td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 12, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> Seymour Sternberg</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>
  <tr valign="top">
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=center>&nbsp;</td>
  </tr>







  <tr valign="top">

    <td align=left>/s/ Peter J. Tobin </td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 16, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> Peter J. Tobin</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>
  <tr valign="top">
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=center>&nbsp;</td>
    <td align=center>&nbsp;</td>
  </tr>







  <tr valign="top">

    <td align=left>/s/ Laura S. Unger </td>
    <td align=left>&nbsp; </td>
    <td align=center> Director</td>
    <td align=center>&nbsp;</td>
    <td align=center> May 17, 2011</td>
  </tr>
  <tr valign="top">
    <td align=left>
      <hr size="1" noshade>
    </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp;</td>
  </tr>

  <tr valign="top">

    <td align=left> Laura S. Unger</td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp; </td>
    <td align=left>&nbsp;</td>
    <td align=left>&nbsp; </td>
  </tr>

</table>
<BR>
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<P style="text-align: center;"> <B><U>Exhibit Index</U></B></P>
<table border=1 width=100% cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;" cellpadding="2">





  <tr valign="bottom">

    <td align=center> <b>Exhibit <br>
      <u>Number </u></b></td>
    <td align=left> <b><u>Description</u></b></td>
  </tr>

  <tr valign="top">

    <td align=center> 4.1</td>
    <td align=left> CIT Group Inc. 2011 Employee Stock Purchase Plan.*</td>
  </tr>

  <tr valign="top">

    <td align=center> 4.2</td>
    <td align=left> Third Amended and Restated Certificate of Incorporation of CIT Group Inc. (incorporated  herein by reference to Exhibit 3.1 of the Form 8-K filed with the Commission on December  9, 2009). </td>
  </tr>





  <tr valign="top">

    <td align=center> 4.3</td>
    <td align=left> Amended and Restated By-Laws of CIT Group Inc. (incorporated herein by reference to Exhibit 3.2 of the Form 8-K filed with the Commission on December 9, 2009).</td>
  </tr>



  <tr valign="top">

    <td align=center> 5.1</td>
    <td align=left> Opinion of Proskauer Rose LLP.*</td>
  </tr>

  <tr valign="top">

    <td align=center> 23.1</td>
    <td align=left> Consent of PricewaterhouseCoopers.*</td>
  </tr>

  <tr valign="top">

    <td align=center> 23.2</td>
    <td align=left> Consent of Proskauer Rose LLP (included in Exhibit 5.1).</td>
  </tr>

  <tr valign="top">

    <td align=center> 24.1</td>
    <td align=left> Powers of Attorney (included on the signature page of this Registration Statement).</td>
  </tr>

</table>
<br>
<TABLE border=0 cellspacing=0 style="font-family: 'Times New Roman';font-size: 10pt;">
<TR>
     <TD nowrap valign=top width="2%"> *&nbsp; &nbsp; &nbsp;    </TD>
     <TD width="98%">
<P align="left">Filed herewith</P>
        </TD> </TR> </TABLE>
<br>
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</BODY>

</HTML>
[{"type": "S-8", "sequence": "1", "filename": "e43597s-8.htm", "description": "FORM S-8", "secsgml_size_bytes": 43562}]
{"company-data": {"conformed-name": "CIT GROUP INC", "cik": "0001171825", "assigned-sic": "6172", "irs-number": "651051192", "state-of-incorporation": "DE", "fiscal-year-end": "0812"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-174356", "film-number": "11859628"}, "business-address": {"street1": "1 CIT DRIVE", "city": "LIVINGSTON", "state": "NJ", "zip": "07039", "phone": "9737405000"}, "mail-address": {"street1": "1 CIT DRIVE", "city": "LIVINGSTON", "state": "NJ", "zip": "07039"}, "former-company": {"former-conformed-name": "CIT GROUP INC DEL", "date-changed": "20020422"}}
As filed with the Securities and Exchange Commission on May 20, 2011
Registration No. 333-________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
CIT GROUP INC.
(Exact name of registrant as specified in its charter)
Delaware
65-1051192
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
11 West 42nd Street
New York, New York
10036
(Address of principal executive offices)
(Zip Code)
CIT Group Inc. 2011 Employee Stock Purchase Plan
(Full title of the plan)
Robert J. Ingato, Esq.
Executive Vice President, General Counsel and Secretary
CIT Group Inc.
One CIT Drive
Livingston, New Jersey 07039
(Name and address of agent for service)
(973) 740-5000
(telephone number, including area code, of agent for service)
Copies of all communications to:
Andrea S. Rattner, Esq.
Proskauer Rose LLP
Eleven Times Square
New York, New York 10036
212-969-3000
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
x
Accelerated filer
o
Non-accelerated filer
o
(Do not check if a smaller reporting company)
Smaller reporting company
o
CALCULATION OF REGISTRATION FEE
Proposed maximum
Proposed maximum
Title of securities
Amount to
offering price
aggregate
Amount of
to be registered
be registered(1)
per share(2)
offering price(2)
Registration Fee(3)
Common Stock, par value $0.01
2,000,000 shares
$42.70
$85,400,000.00
$9,914.94
(1)
Represents shares of CIT Group Inc. common stock, par value $0.01 per share ("Common Stock"), that may be granted under the CIT Group Inc. 2011 Employee Stock Purchase Plan (the "Plan"). This Registration Statement also registers such additional shares of Common Stock as may be offered or issued under the Plan to prevent dilution resulting from stock splits, stock dividends or similar transactions which results in an increase in the number of the outstanding shares of Common Stock or shares issuable pursuant to awards granted under the Plan. In addition, pursuant to Rule 416(c) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement also covers an indeterminate amount of interests to be offered or sold pursuant to the Plan.
(2)
Calculated solely for the purpose of determining the registration fee for this offering pursuant to Rule 457(h) under the Securities Act, based upon the average of the high and low sales prices of the Common Stock on May 13, 2011, as reported on the New York Stock Exchange (within 5 business days prior to filing this Registration Statement).
(3)
In connection with the filing of the Form S-8 Registration Statement (Registration No. 333-136454) filed with the Securities and Exchange Commission (the "Commission") on August 9, 2006 (the "2006 Registration Statement"), CIT Group Inc. paid a total fee of $36,701.41, of which all $36,701.41 was paid with respect to securities which were subsequently deregistered (the "Deregistered Securities") from the 2006 Registration Statement by a Post-Effective Amendment No. 1 to Form S-8 Registration Statement filed with the Commission on December 11, 2009.  Pursuant to Rule 457(p) under the Securities Act, $9,914.94 of the previous registration fee of $36,701.41 paid in connection with registration of the Deregistered Securities under the 2006 Registration Statement is being offset against the total registration fee of $9,914.94 that otherwise would have been currently due with respect to the 2,000,000 shares of Common Stock being registered under this Registration Statement.  Therefore, no additional registration fee is required with respect to the 2,000,000 shares of Common Stock to be registered hereunder.  Following the registration of this Registration Statement, $26,786.47 of the registration fee for the Deregistered Securities under the 2006 Registration Statement will remain available for future offset against registration fees in accordance with Rule 457(p) under the Securities Act.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The document(s) containing the information specified in this Part I will be sent or given to eligible employees to participate in the CIT Group Inc. 2011 Employee Stock Purchase Plan (the "Plan") as specified by Rule 428(b)(1) under the Securities Act of 1933, as amended (the "Securities Act"). These documents and the documents incorporated by reference into this Registration Statement pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus that meets the requirements of 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents filed with the Securities and Exchange Commission (the "Commission") by CIT Group Inc. (the "Company" or the "Registrant") are incorporated herein by reference:
(a)
The Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010, filed with the Commission on March 10, 2011;
(b)
The Company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2011, filed with the Commission on May 10, 2011;
(c)
The Company's Current Reports on Form 8-K filed with the Commission on January 4, 2011, January 21, 2011, February 2, 2011, February 14, 2011, February 15, 2011, March 1, 2011, March 25, 2011, March 31, 2011, April 20, 2011, April 22, 2011, April 27, 2011,  May 10, 2011, May 16, 2011, and May 18, 2011; and
(d)
The description of the Company's Common Stock contained in the registration statement on Form 8-A, filed with the Commission on December 9, 2009, by the Company to register such securities under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including any amendment or report filed with the Commission for the purpose of updating such description.
All  documents   subsequently  filed  by  the
Corporation pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act,
prior to the  filing of a  post-effective  amendment  which  indicates  that all
securities  offered  have been sold or which  deregisters  all  securities  then
remaining  unsold,  shall be  deemed to be  incorporated  by  reference  in this
Registration  Statement  and to be part  hereof  from  the date of  filing  such
documents.  Any statement contained in any document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or replaced by a
statement or information in any other subsequently  filed document  incorporated
herein by reference. In no event, however, will any information that the Company
discloses  under Item 2.02 or Item 7.01 of any  Current  Report on Form 8-K that
the Company may from time to time furnish to the Commission be  incorporated  by
reference into, or otherwise become a part of, this Registration Statement.  Any
such statement so modified,  superseded or replaced shall not be deemed,  except
as so modified,  superseded or replaced, to constitute part of this Registration
Statement.
Item 4. Description of Securities.
Not applicable.
ii
Item 5. Interest of Named Experts and Counsel.
Not applicable.
Item 6. Indemnification of Directors and Officers.
Under Section 145 of the General Corporation Law
of the State of Delaware,  the Company has powers to indemnify its directors and
officers against  liabilities that they may incur in such capacities,  including
liabilities  under the Securities  Act. Both the  Registrant's  Amended and
Restated   By-Laws   ("By-Laws")   and  Third   Amended  and  Restated
Certificate of Incorporation  ("Certificate of Incorporation") provide
for  mandatory  indemnification  of its  directors  and  officers to the fullest
extent  permissible  under Delaware law. Article IX of the By-Laws provides that
expenses (including attorneys'  fees) incurred by an officer or director of
the Company or by a former  director or officer of the Company in defending  any
civil, criminal,  administrative or investigative action, suit or proceeding for
which  indemnification is available pursuant to the By-Laws shall be paid by the
Company in advance of the final  disposition of such action,  suit or proceeding
upon receipt of an  undertaking  by or on behalf of such  director or officer to
repay such amount if it shall  ultimately  be  determined  that he or she is not
entitled to be indemnified by the Company.
In addition,  the Company  shall  indemnify  any
person  who  was or is a  party  or is  threatened  to be  made a  party  to any
threatened,  pending  or  completed  action  or suit by or in the  right  of the
Company to procure a judgment  in its favor by reason of the fact that he or she
is or was a director,  officer,  employee or agent of the Company,  or is or was
serving at the request of the Company as a director,  officer, employee or agent
of another corporation,  partnership,  joint venture, trust or other enterprise,
against expenses (including  attorneys'  fees, if such attorney's fees
are incurred in accordance  with the policies and procedures  established by the
Company from  time-to-time)  actually and  reasonably  incurred by him or her in
connection  with the defense or  settlement  of such action or suit if he or she
acted in good faith and in a manner he or she  reasonably  believed  to be in or
not opposed to the best interests of the Company; except that no indemnification
shall be made in respect of any claim,  issue or matter as to which such  person
shall  have been  adjudged  to be liable to the  Company  unless and only to the
extent  that the Court of Chancery or the court in which such action or suit was
brought shall  determine upon  application  that,  despite the  adjudication  of
liability  but in view of all the  circumstances  of the  case,  such  person is
fairly and reasonably entitled to indemnity for such expenses which the Court of
Chancery or such other court shall deem proper.
In addition, Article Ninth of the Certificate of Incorporation of the Company provides that each person who is or was a director or officer of the Company shall be indemnified by the Registrant to the fullest extent permitted by the General Corporation Law of the State of Delaware, as the same may be amended (but, if permitted by applicable law, in the case of any amendment, only to the extent that such amendment permits the Company to provide broader indemnification rights than permitted prior to such amendment).
The Company has in effect insurance policies in the amount of $180 million for general officers' and directors' liability insurance and $20 million for fiduciary and pension trust liability insurance covering all of the Company's directors and officers in certain instances where by law they may not be indemnified by the Company.
Item 7. Exemption from Registration Claimed.
Not applicable.
iii
Item 8. Exhibits.
Exhibit
Number
Description
4.1
CIT Group Inc. 2011 Employee Stock Purchase Plan.*
4.2
Third Amended and Restated Certificate of Incorporation of CIT Group Inc. (incorporated  herein by reference to Exhibit 3.1 of the Form 8-K filed with the Commission on December  9, 2009).
4.3
Amended and Restated By-Laws of CIT Group Inc. (incorporated herein by reference to Exhibit 3.2 of the Form 8-K filed with the Commission on December 9, 2009).
5.1
Opinion of Proskauer Rose LLP.*
23.1
Consent of PricewaterhouseCoopers.*
23.2
Consent of Proskauer Rose LLP (included in Exhibit 5.1).
24.1
Powers of Attorney (included on the signature page of this Registration Statement).
*
Filed herewith
iv
Item 9. Undertakings.
(a)
The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(i) To include any prospectus required by section 10(a)(3) of the Securities Act;
(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective Registration Statement; and
(iii) to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;
provided, however
, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to section 13 or section 15(d) of the Exchange Act (15 U.S.C. 78m or 78o(d)) that are incorporated by reference in the Registration Statement.
(2) That, for the purpose of determining any liability under the Securities Act, each such post- effective amendment shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(b)
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to section 13(a) or section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar as indemnification  for liabilities  arising under the Securities Act
may  be  permitted  to  directors,  officers  and  controlling  persons  of  the
Registrant pursuant to the foregoing  provisions,  or otherwise,  the Registrant
has been advised that in the opinion of the Commission such  indemnification  is
against  public  policy as expressed in the  Securities  Act and is,  therefore,
unenforceable.  In the  event  that a claim  for  indemnification  against  such
liabilities  (other than the payment by the  Registrant of expenses  incurred or
paid by a  director,  officer or  controlling  person of the  Registrant  in the
successful  defense of any  action,  suit or  proceeding)  is  asserted  by such
director,  officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been  settled by  controlling  precedent,  submit to a court of  appropriate
jurisdiction the question whether such  indemnification  by it is against public
policy as  expressed  in the  Securities  Act and will be  governed by the final
adjudication of such issue.
v
SIGNATURES
The Registrant.
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 16th  day of May, 2011.
CIT GROUP INC.
By:
/s/ Robert J. Ingato
Name:
Robert J. Ingato
Title:
Executive Vice President, General
Counsel and Secretary
CIT Group Inc. 2011 Employee Stock Purchase Plan.
Pursuant to the requirements of the Securities Act of 1933, the trustees (or other persons who administer the CIT Group Inc. 2011 Employee Stock Purchase Plan) have caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 12th day of May, 2011.
CIT GROUP INC. 2011 EMPLOYEE STOCK
PURCHASE PLAN
By:
/s/ Lisa D. Zonino
Name:
Lisa D. Zonino
Title:
Chair of the Employee Benefit Plans Committee
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS
that
each person whose  signature  appears below  constitutes  and appoints Robert J.
Ingato, Eric S. Mandelbaum and James P. Shanahan,  or each of them individually,
such person's true and lawful attorneys-in-fact and agents, with full power
of substitution and re-substitution,  to act, without the other, for and in such
person's name, place and stead, in any and all capacities  indicated below,
to sign this  Registration  Statement  on Form S-8 of CIT Group Inc. and any and
all amendments  (including  post-effective  amendments)  thereto, and to file or
cause to be filed the same,  with all exhibits  thereto,  and other documents in
connection therewith, with the Securities and Exchange Commission, granting unto
said attorneys-in-fact and agents, and each of them, full power and authority to
do and perform each and every act and thing  requisite  and necessary to be done
in  connection  therewith,  as fully to all intents and  purposes as such person
might,  or could,  do in person,  hereby  ratifying and confirming all that said
attorneys-in-fact  and  agents,  and  each  of  them,  or  their  substitute  or
substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.
Signature
Title
Date
/s/ John A. Thain
Chairman of the Board of Directors
and Chief Executive Officer
(Principal Executive Officer)
May 16, 2011
John A. Thain
/s/ Scott T. Parker
Chief Financial Officer
(Principal Financial Officer)
May 12, 2011
Scott T. Parker
/s/ Carol Hayles
Senior Vice President and Controller
(Principal Accounting Officer)
May 16, 2011
Carol Hayles
/s/ Michael J. Embler
Director
May 11, 2011
Michael J. Embler
/s/ William M. Freeman
Director
May 11, 2011
William M. Freeman
/s/ David M. Moffett
Director
May 11, 2011
David M. Moffett
/s/ R. Brad Oates
Director
May 12, 2011
R. Brad Oates
/s/ Marianne Miller Parrs
Director
May 11, 2011
Marianne Miller Parrs
/s/ Gerald Rosenfeld
Director
May 13, 2011
Gerald Rosenfeld
/s/ John R. Ryan
Director
May 12, 2011
John R. Ryan
/s/ Seymour Sternberg
Director
May 12, 2011
Seymour Sternberg
/s/ Peter J. Tobin
Director
May 16, 2011
Peter J. Tobin
/s/ Laura S. Unger
Director
May 17, 2011
Laura S. Unger
Exhibit Index
Exhibit
Number
Description
4.1
CIT Group Inc. 2011 Employee Stock Purchase Plan.*
4.2
Third Amended and Restated Certificate of Incorporation of CIT Group Inc. (incorporated  herein by reference to Exhibit 3.1 of the Form 8-K filed with the Commission on December  9, 2009).
4.3
Amended and Restated By-Laws of CIT Group Inc. (incorporated herein by reference to Exhibit 3.2 of the Form 8-K filed with the Commission on December 9, 2009).
5.1
Opinion of Proskauer Rose LLP.*
23.1
Consent of PricewaterhouseCoopers.*
23.2
Consent of Proskauer Rose LLP (included in Exhibit 5.1).
24.1
Powers of Attorney (included on the signature page of this Registration Statement).
*
Filed herewith