The 2012 Global Volatility Summit took place on March 6 at Skylight Soho in New York City. The theme of the event was The Year that Was: An exhibition of the volatile market events of the past year, as viewed through various methods of communication throughout history. The event featured four panels featuring representatives from the fifteen sponsoring hedge fund managers in the volatility and tail hedging spaces. General Stan McChrystal (Former Commander of the U.S. and International Forces in Afghanistan) delivered a keynote speech on worldwide volatility and political instability. In addition, Rahm Emanual (Mayor of Chicago) was interviewed by Charlie Rose, and Mike Edleson (Chief Risk Officer, University of Chicago) lead a discussion on tail hedging.