Recent market boom-busts have happened, and will continue to happen partly because apparently reputable institutions oversell risky or worthless investments. Following Enron, Worldcom, Equitable Life and other scandals it is apparent that a new investment methodology is required to protect investors. Rather then relying on market reputation, investors need to be able to look past the sales hype to discover the true situation. Operational risk management and a forensic investigation of investment provide the groundwork for such a methodology. Investment Risk Management explains -why market boom-busts occur in the trade of worthless stocks -why regulators react slowly to investment scams -when pension funds fail to protect their investors -when investors pay for worthless 'professional' services -how companies pay too much for management 'stars' -whether Basel II and IAS accounting rules protect the investor "Investment Risk Management can easily end up buried in technicalities