Flood on Speculative Attacks 

"The first-generation model was developed by economists working at the Board of Governors of the Federal Reserve System. Building on Hotelling (1931), Federal Reserve economists Stephen Salant and Dale Henderson (1978) built a speculative attack model in order to study attacks on a government-controlled price of gold. Soon after the Salant-Henderson model was drafted, Paul Krugman visited the Federal Reserve and recognized that the Salant-Henderson analysis could be applied to fixed exchange rates. This led to Krugman (1979). While Robert Flood was an economist at the Federal Reserve, he and Peter Garber constructed a linear model that simplified Krugman's account and extended the model to a stochastic environment. The result was Flood and Garber (1984b)." 
Robert Flood, Nancy Marion 
 "Perspectives on the Recent Currency Crisis Literature," November 1997