Lehman Brothers is… Hiring?

Over the past 24 hours, we’ve learned that Lehman Brothers is planning to lay off between 1,000 and 1,500 employees (Reuters nearly splits the difference at 1,200). But apparently not everyone at Lehman got the memo, as the firm has simultaneously begun advertising its associate program on business school websites (h/t DealBreaker).

Apparently there are positions available in New York, LA and Menlo Park. This is probably just an error, or perhaps an attempt to keep in front of the best and brightest. Or maybe, just maybe, it’s a hoax thought up by some other investment bank. Anyone responding to the ad gets automatically crossed off the list at Goldman, Credit Suisse, etc.

Either way, buyer beware…