That is not good. Passwords should never be stored on a Plaintext File as one Breach of Security can instantly leak all of them. GOD DAMN YOU ZUCKERBERG!
Well isn't that just disgraceful! That's no way to treat your members. Some of the recent news about them have not been so good at all. It's a sad situation but it's not surprising either.
Just another reason for people to stop using social media and make the switch to forums. I wish other people would just jump ship and go back to forums honestly, but I don't know if that would happen any time soon...