The next step in the right direction for CIT may do with a written agreement it has with the New York Federal Reserve about its risk control measurements, loans and leases, capital, liquidity, dividend distribution and much more.

FORBES: Are Regulators Warming Back Up To John Thain's CIT Group?

Anthony Ittleson, the grandson of the founder of CIT Financial, moved to South Carolina in December 1996 but left a Modigliani behind in his New York City co-op, until he sold both the co-op and the painting the following spring.

FORBES: Leave Your Taxes Behind