Mitt Romney Cashes in on Bay Area Trip

Republican presidential hopeful is in town for a second day.

The Silicon Valley is not President Barack Obama's personal ATM.

Republican presidential hopeful Mitt Romney is in town for a second day Wednesday and he is showing that there is plenty of money for his party's coffers in the Bay Area as well.

Mr. Obama has made several trips to Northern California in the past year to raise money for his campaign.

Romney followed the president's lead this week by landing in the Bay Area Wednesday fresh off his victory in the in the Texas primary a day earlier.

Wednesday Romney held a fundraiser at the Chateau Carolands in Hillsborough, where guests paid between $2,500 to $50,000 to see the presidential hopeful, according to Carla Marinucci.

Former U.S. Secretary of State and Stanford professor Condoleezza Rice endorsed Romney at the event. She has been mentioned as a possible vice president pick for Romney but Rice has said she is not interested in the job.

Thursday Romney had several more events scheduled in the Bay Area, including a stop at the failed headquarters of Solyndra.

The Obama administration has come under fire for grants it gave to the solar energy provider a $535 million loan guarantee from the government but has since declared bankruptcy.

Romney has been hammering the president on Solyndra during his Bay Area visit.

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