CAPT OF AN ATX LTT JET MADE STEEPED BANK TURNS BELOW 1000 FT OVER A CONGESTED TOWN ON FINAL INSIDE A CLASS E (TRSA) AND ATA AIRSPACE.

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ENRTE TO MBS TO PICK UP FREIGHT. AS I WAS LOOKING DOWN; COMPLETING IN-RANGE APCH CHKLIST THE CAPT FLEW OVER THE CITY OF SAGINAW; 6 NM SE OF ARPT AND PROCEEDED TO DO (2) 360 DEGS AT ABOUT 1000 FT AGL; AND 30-45 DEGS OF BANK. I WAS NOT PLEASED WITH THIS ACTION! I HAD NO WARNING HE WAS ABOUT TO DO THIS; AND WAS QUITE SURPRISED. I FELT THIS WAS VERY UNPROFESSIONAL AND BORDERLINE LEGAL; AS WE; AT TIMES; DSNDED BELOW 1000 FT AGL; OVER A POPULATED AREA; 6 NM FROM AN APCH CTL FACILITY. AS I QUICKLY REVIEWED MY OPTIONS; THEY WERE SEVERELY LIMITED; AS I WAS A NEW COPLT AT THIS COMPANY. IN ADDITION; I FELT IT WOULD HAVE BEEN DANGEROUS TO TRY AND TAKE OVER THE CTLS AT SUCH A LOW LEVEL. I QUESTIONED THE PIC AS TO HIS ACTIONS; AT WHICH TIME HE TOLD ME HIS PARENTS LIVED DOWN THERE. LATER; THE TWR QUESTIONED US; AND I FOUND OUT THAT THERE WERE SEVERAL COMPLAINTS FROM PEOPLE ON THE GND ABOUT NOISE. I FELT THAT; AT THE TIME; I COULD NOT HAVE PREVENTED THIS. ALTHOUGH; WHEN THE COMPANY LEARNED OF THIS ACTION; THE PIC WAS DISCIPLINED -- 2 WEEKS OFF WITHOUT PAY. I TRY TO BE AS PROFESSIONAL AS I CAN AT ALL TIMES AND THIS DISTURBED ME. I MADE IT CLEAR LATER; THAT THIS WAS NOT APPROPRIATE; AND I WOULD HOPE THIS WOULD NOT HAPPEN AGAIN.