Tags: Mitt Romney | | Newt Gingrich | Rick Santorum | Alabama | Mississippi | Republican

Romney Must Reassure Donors He Can Win

By Dan Weil   |   Wednesday, 14 Mar 2012 11:35 AM

Republican presidential candidate Mitt Romney needs to reassure donors worried about his inability to wrap up the nomination, just as he needs to beat back the surging challenge of Rick Santorum.

The former Pennsylvania senator won both the Mississippi and Alabama primaries Tuesday, with the former Massachusetts governor placing third. Romney is holding fundraising events in New York City Wednesday and Thursday that are expected to bring in about $2 million for his campaign. But the financial backers are “growing exasperated with the duration of the primary,” Politico reports.

For now, the Romney campaign is maintaining its focus on delegate math, saying that it will be very difficult for Santorum to erase Romney’s delegate lead before the August convention. Of course, the Romney camp neglects to mention that Santorum has a reasonable chance to prevent Romney from gaining a majority of delegates before the convention, according to Politico's article that looks at five takeways from the Alabama and Mississippi primaries.

The front-runner’s campaign is burning through its cash reserves, and it’s difficult to raise money without a candidate who generates enthusiasm. It’s also quite difficult to attract cash after primary losses. So Romney has some major work to do on the fundraising front, Politico's analysis said.



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