Video: Facebook Needs a Chief Risk Officer, Jim Cramer Says

Amid Facebook (FB) - Get Report  facing scrutiny over ads that targeted certain age groups, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said Facebook is powerful and its moves are scrutinized. 

"They've got to start being aware of that - they need a chief risk officer," Cramer said. "Risk being what the government might do to them."

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