No, it wouldn't do to reduce personal debt because not everyone has some.
The government haven't just GIVEN money to the banks, otherwise Barclays would have been right up there at the front of the queue.The taxpayer now has stakeholder interest in all the main banks except Barclay's, when they make a profit the government gets a big dob.
I don't have any debts, my neighbour has tons, why should the government give him a handout and me f**k all?? He'd only go on another 2 month Thai holiday and get a bigger 4WD, the Thais and the Japanese would be getting UK taxpayers cash..