UPDATE: Pascal Mouawad tells WWD that the collaboration is “not happening.” Oops on Lindsay!

In extremely troubling and mind-boggling fashion news, Lindsay Lohan has actually been hired for another fashion gig, this time in the jewelry department.

Aside from the fact that fashion designer Emanuel Ungaro slammed Lohan for sucking his former house of its soul, did we all forget about those few photo shoot instances where jewelry went missing? I daresay that she’s got some convincing people working for her!

Word around the fashion town says that the hard partying starlet is teaming up with Pascal Mouawad to design a jewelry line for Bebe (first the Kardashian sisters, now Lindsay!). Mouawad recently aided Nicole Richie with her own jewelery collection for the San Francisco-based retailer—one would think that they’d spread these things out.

“Pascal and I are actually working together, we’re doing something with a friend who owns bebe. We’re doing a collection for them and we’re also going to be doing some other things,” Lindsay dished.

Can Mouawad help this poor soul who has clearly lost track of her career path?