SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GOLDENTREE ASSET MANAGEMENT LP

(Last) (First) (Middle)
300 PARK AVENUE, 21ST FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Care Investment Trust Inc. [ CRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/13/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/13/2008 S 4,700 D $10.6849 5,548,901 I See Footnotes(1)(2)
Common Stock 11/13/2008 S 400 D $10.6975 5,548,501 I See Footnotes(1)(2)
Common Stock 11/13/2008 S 6,600 D $10.8964 5,541,901 I See Footnotes(1)(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
GOLDENTREE ASSET MANAGEMENT LP

(Last) (First) (Middle)
300 PARK AVENUE, 21ST FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
GoldenTree Asset Management LLC

(Last) (First) (Middle)
300 PARK AVENUE, 21ST FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Tananbaum Steven A.

(Last) (First) (Middle)
300 PARK AVENUE, 21ST FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. This Form 4 is filed on behalf of GoldenTree Asset Management LP, a Delaware limited partnership registered as an investment adviser with the U.S. Securities and Exchange Commission (the "Investment Manager"), GoldenTree Asset Management LLC, a Delaware limited liability company ("IMGP"), and Mr. Steven A. Tananbaum, an individual ("Mr. Tananbaum", and together with the Investment Manager and IMGP, the "Reporting Persons"). The securities disclosed in this Form 4 are held in the respective accounts of certain investment funds (the "Funds") managed by the Investment Manager. IMGP serves as the general partner of the Investment Manager. (Continued in footnote 2)
2. Mr. Tananbaum serves as the senior managing member of IMGP. In accordance with Instruction 4(b)(iv) of Form 4, the entire amount of the Issuer's securities held collectively by the Funds is reported herein. By reason of the provisions of Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), and the relationship of the Reporting Persons to each other and to the Funds, the Investment Manager, IMGP and Mr. Tananbaum may each be deemed to be the beneficial owners of the securities held in the respective accounts of the Funds. Each of the Reporting Persons disclaims beneficial ownership of all such securities, except to the extent of any indirect pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such person is a beneficial owner of the securities reported as beneficially owned herein for purposes of Section 16 of the Act or for any other purpose.
Remarks:
Exhibit List: Exhibit 99.1 - Joint Filer Information
/s/ Steven A. Tananbaum, individually and as senior managing member of GoldenTree Asset Management LLC for itself and as the general partner of GoldenTree Asset Management LP 11/13/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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