Market Commentary – September 19, 2011

Executive Summary

AllianceBernstein – The Evolving Threat of Greek Default

In the attached article entitled, "The Evolving Threat of Greek Default", the AllianceBernstein team shares its perspectives on Greece: the challenges it faces, the possibility of a default and the potential for contagion.

This piece contains commentary areas on:

• The macroeconomic perspective
• The potential for contagion
• Portfolio actions: Avoiding the "Eye of the storm"
• Balancing opportunities with risk

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