Bruce Ferguson:  

CLASS OF 1972
Bruce Ferguson's Classmates® Profile Photo
Toronto, ON
Toronto, ON
Owen Public SchoolClass of 1965
Toronto, ON

Bruce's Story

Life They say you can't go home again, but in a sense I did. Purchased the house I grew up in from my father's estate. However, my two young daughters aren't following in my footsteps. Instead they're in private schools. Memberships in the Granite and National Clubs. For any former classmates interested in pleasure flying, I've had some interesting aviation experiences as an outlet from an entire career spent working on Bay Street as a bond trader and investment banker. (If not, definitely stop reading here.) After more than 20 years of flying civilian aircraft for pleasure, I enrolled in fighter pilot school and learned air combat from the best-of-the-best (privately operated AirCombat Canada.) I had the rare privilege of going up against a Canadian Forces 'Top Gun' fighter pilot in my final competition of four dogfights, instead of the usually scheduled three final sessions against another student. These were traditional one-on-one gun battles, (which is the only way to really learn air combat according to veteran fighter pilots.) I had no wingman to protect my 'six', and it was up-close and personal fighting rather than standing off and casually launching target-locked missiles at your opponent. Several of my fellow students learned the hard way that becoming low-and-slow through inattention, or refusing combat (by turning around and trying to run away), or even flying straight and level for longer than a few seconds was invariably fatal. In these circumstances it was a virtual certainty you would quickly acquire a bandit fighter plane close on your tail and be shot down almost instantly. Defeated him 2 to 1, in mostly verticle dogfighting during my final competition (rather than the usual horizontal tail-chases), while flying the incredibly agile and swift German-built 'Extra 300L' designed to absorb an amazing 18 Gs. (To be able to beat this young 'top gun' chap I had to have an edge, as well as a considerable amount of luck. Fighter pilots always strap themselves very tightly into their seats due to the violent maneuvers and high G-forces encountered during combat. I deliberately left my straps loose to be able to pivot freely and gain a 360 degree field of vision. Definitely unconventional and certainly not recommended, but this sneaky shameless trick worked like magic. My helmet contacted the top of the close fitting cockpit canopy whenever I rolled inverted (and I received a few bruises too), but otherwise I was none the worse for wear. Luck played a part in my second score. The opportunity for a shot came while I was hanging inverted in the seat straps, pulling a steep upside-down climbing turn to try to get on his tail. He was in my gunsight for only an instant.) The trophy, along with a flight-suit patch bearing my personal fighter pilot's call-sign ("Red Hawk"), were proudly displayed on my desk in the trading room at Toronto-Dominion Securities for several years. Followed up with an aerobatics lesson in probably the most famous fighter aircraft ever made; the superb North American P-51D Mustang (the American equivalent to the famous British Spitfire. The airplane I flew is pictured above.) Lee Iacoco named the Ford sports car after this plane rather than the horse. Finished off with a three-hour lesson in Air Canada's Airbus A320 simulator, located in their employee pilot training facility at Pearson. (This remarkable flight simulator is a very expensive three-story "fish-bowl" of sights, sounds, vibrations and 'thumps' that are so realistic I had diffi...Expand for more
culty telling the difference. It was especially apparent while I was flying a night-time circuit of the traffic pattern at Pearson International.) I achieved a typically normal landing on my second try and a silky-smooth one on my third. (These big brutes aren't difficult to fly! While airline pilots have the additional benefit of utilizing a very sophisticated autopilot, I had the Airbus under manual control for the entire lesson. On my first circuit of Pearson's traffic pattern my Air Canada pilot instructor never found it necessary to intervene on the flight controls, from engine start-up before takeoff to shut-down after landing, and it took me only two fingers to ease this 80-ton ship into a landing flare and 'grease' her wheels onto the runway. It left me wondering about all the bouncy landings I've experienced as an airline passenger.) For my second takeoff and climb-out, my instructor cut-to-the-chase and programmed one of the most challenging conditions for me to cope with; night-time in a thick, pea-soup fog. Sitting in the captain's seat of a relatively unfamiliar cockpit, I was left with flying by reference to only the instrument panel after I reached takeoff speed and rotated the plane off the runway. The large Airbus handled so well however, that it wasn't a problem for me to make a routine departure while flying "blind". With the thought in mind to give my little daughters a thrill when they watched the video of this experience, I wore a captain's shirt during the lesson (four gold bars on each shoulder epaulette.) Upon presenting the video to them I heard, "no way we're watching that Dad...borrrrringgggggg!" Ah my. I should have known. They said the same thing about my in-flight cockpit and gun camera videos recorded during the combat episodes... College C.F.A. level 2 University of Virginia A.I.C.B., University of Toronto/Queen's University C.I.F. part 1 Workplace I've enjoyed 32 years so far on Bay Street as an investment banker. I retired four years ago from Toronto-Dominion Securities Inc. (a unit of TD Bank Financial Group) with the position of VP and Director, Debt Capital Markets, after 25 years in the bond trading and sales unit. This was a record tenure at TD because traders and salespeople usually don't last longer than 10 years with the same investment dealer in what is a very highly remunerated but extremely unforgiving and stressful job. In fact the average stay is probably as short as 5 years. (Read "Liar's Poker" for an indication of what it's like to work in this capacity for a Bay St. or Wall St. investment dealer. "Bonfire of the Vanities" is also informative regarding some aspects of the working life of a bond trader.) During this time I worked an interesting stint for TD as a bond trader and institutional salesman on their UK trading desk in London. Coincidently, Peter Jarvis (a gr. 11 classmate) was stationed there as a bond trader for Scotiabank's dealer ScotiaMcleod, and was a transaction counterparty. Peter is now head of BIMCOR (Bell Canada's pension fund subsidiary) while I'm VP Debt Finance for a Bay Street investment dealer called First Canadian. My new colleagues are some of Canada's very interesting and super wealthy elite (retired CEO's etc. enjoying a new incarnation.) Heh-heh, maybe some of it will rub off! Update 2015; I am now president of an engineering firm with offices located in downtown Toronto and Vaughan. I am enjoying this change after spending my entire career previously in finance. Bruce .
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Capt. Johnson
'Crazyhorse' low pass at Kissimmee Fl

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