Possibility of a Greek exit from the Euro increases daily

With the failure of Greek political parties to form a government, new elections will be held on June 17th.  According to current polls, the party likely to come out on top (although without a majority) is the leftist Syriza party, which is against fiscal austerity measures that would ensure the ongoing bailout.  Analysts have varying takes on what might happen if/when a Greek exit (aka "Grexit") occurs:

From the Economist: http://www.economist.com/node/21555567

The FT reports on the new caretaker government and the upcoming elections: http://www.ft.com/intl/cms/s/0/e18e27e6-a012-11e1-90f3-00144feabdc0.html#axzz1v8ps1Oj3

The UK Guardian's front page ran a headline stating that a Greek exit would cost over a trillion dollars: http://www.guardian.co.uk/global/2012/may/16/cost-greek-exit-euro-emerges

CNN contemplates the possibility of a Greek exit: http://edition.cnn.com/2012/05/17/business/greece-euro-exit/index.html?hpt=ieu_t2 and also reports on multinational companies making preparations, while politicians avoid the topic: http://edition.cnn.com/2012/05/16/world/europe/europe-grexit-planning/index.html?hpt=ieu_c2