According to one person with knowledge of the matter, the bad bank will likely be one aspect of a “kitchen-sink approach.”
Am I nothing but a dust-bin or kitchen-sink for other people's troubles?
The foul odors of the kitchen-sink added to the night of horrors.
The kitchen-sink arrangements are not altogether satisfactory.
made up of a hodgepodge, including many ingredients
attested by 1824. Phrase everything but (or and) the kitchen sink is 1944, from World War II armed forces slang, in reference to intense bombardment.
Out for blood, our Navy throws everything but the kitchen sink at Jap vessels, warships and transports alike. [Shell fuel advertisement, "Life," Jan. 24, 1944]