In the August Action Alerts PLUS members' call, Jim Cramer talks about why he was "aghast" and "furious" with Facebook's (FB) earnings numbers.

The company "told us on its last quarterly conference call, right in the thick of the Cambridge Analytica brouhaha that they had seen no degradation from the scandal including and up to that day's call."

Turns out that wasn't true at all and he felt the stock and the company "had truly disappointed in every way possible."

There was a saving grace though. So listen to the video above to hear exactly what that was.

Facebook is still a holding in Action Alerts PLUS.

For more on Facebook, click here:

Do you want more exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable-trust portfolio with a free trial to Action Alerts PLUS ! You can also watch all of Jim Cramer's New York Stock Exchange live shows on YouTube.

 

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