No, no, no, I'm paid to spin all the bad news into good news, remember???
Only those people who have shown that they hate the place and complain that Smith, or anyone else in the company, is only concerned about money. That's because those complainers are no different. You're willing to enable all sorts of perceived wrongdoing for the sake of a dollar. You don't have to stay and be a part of it if it offends you. You don't have the ability to change an entire company but you have control over your own life.
If you choose to stay and be a part of what you despise so much simply because it's expedient, fine. Don't be surprised when you get called on it.