This particular episode was written by Dean Cain himself.
God Rest Ye, Greedy Gentleman. A fired embittered toy maker devises a sinister toy than turns Metropolis's generous citizens into childish, grasping gift-grabbers just in time for Christmas.
Winslow Schott, a toymaker gets fired from his job along with his secretary Margaret Duffy. Deciding to take revenge, he invents a new toy named the "Atomic Space Rat" that includes a substance which when someone is sprayed with, makes children greedy and adults act like greedy children.
Everyone at the Daily Planet is affected, including Clark, and they start fighting over gifts and other things. Clark realises that the whole situation has to do with the Space Rats and along with Lois, they try to find out who is the creator of the new toys. Through a background check, she learns Winslow Schott had been a chemist before working in toys. She realizes that if the chemical is superheated, it will negate its harmful effects, becoming akin to orange juice. Meanwhile, Ms. Duffy is having serious doubts about Mr. Schott's scam. She said how he made toys for years out of the job satisfaction of making kids happy. Schott says that is true, but grown to resent letting life pass him by and bouncing around from paycheck to paycheck. He noticed that as well in Mrs. Duffy, who faithfully took the bus to and from work as she was too poor to afford her own transportation. He then presents her with a Cadillac, saying he bought it with the money from the space rats and that is only a tip of the iceberg.
Later, Mr. Schott decides to ramp up his efforts by polluting the reservoir with his chemical that is in the Space Rats. Ms. Duffy decides to atone by taking a sack full of old-fashioned toys to the orphanage.
Their investigation leads them to Schott who gets arrested for his creation but also shows regret for his actions and makes it clear that still he cares and loves kids. Superman stops the forthcoming mass mayhem by using his heat vision on the reservoir, neutralizing Schott's pollution. Schott tells Superman where the chemicals are and Metropolis is safe with Ms. Duffy kissing Schott under the mistletoe for his change of heart. Superman asks a policeman if he will allow Duffy and Schott to stay for a Christmas party at the orphange under his supervision before booking them, which is granted.
Meanwhile, Superman asks from toy store owners to donate toys to the orphanage kids and Lois plans a special Christmas dinner for family and friends. All of them though end up having other plans and Lois is alone at her apartment until Clark appears at her door, who said his parents said why not have Christmas dinner with Lois instead of them this year.
- Sherman Hemsley as Winslow Schott/The Toyman
- Isabel Sanford as Ms. Margaret Duffy
- Dick Van Patten as orphanage worker/streetcorner Santa Claus
- Denise Richards as Angela
- Dom Irrera as Harry Hecklebaum