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.
Meanwhile, Schott decides to pour the Space Rat substance into the Metropolis water supply while Ms. Duffy takes some of the previous toys he had made to take to an 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. He tells Superman where the chemicals are and Metropolis is safe with Ms. Duffy kissing Schott under the mistletoe for his change of heart.
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 cancelled his Christmas with his family to be with her.
- 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