try
right click the tbm link
save as...
navigate to desktop, dump it there.
head up to toribash-3.2 folder in c
program files
there should be a folder
data\
then from there navigate to
mod\
if mod does not exist, right click in the data folder an create new folder mod
if you still get "code" try rebooting your computer, reinstalling your internet browser, also try deleting all your cookies, turning off your firewalls, deleting your history, system cleanup your temps.
also, don't open your tbm in your browser. open it in notepad, wordpad, or any other text reading program.
as for your folder existence, if it still doesn't show up try reinstalling toribash.
EDIT: reason for dumping on the desktop; easier accessibility while you troubleshoot your folder problem"