Which of the following is not true about credit default swaps and credit risk?

		A FI examines creditworthiness of an applicant with the five Cs of credit: character, capacity, collateral, conditions, and capital.
		Credit risk can cause a FI to fail.
		Credit risk refers to the risk that a FI may not have enough cash to pay back depositors.
		Credit default swaps reduce credit risk for FIs.
		All of the above are true