[TxMt] Insecure world writable problem with TODO bundle

[Christopher Brewster]

When I run the TODO bundle I get the following:
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/Library/Application Support/TextMate/Support/lib/textmate.rb:150: warning: Insecure world writable dir /Library/Application Support/TextMate in PATH, mode 040777 /Library/Application Support/TextMate/Support/lib/textmate.rb:150: warning: Insecure world writable dir /Library/Application Support/TextMate in PATH, mode 040777 /Library/Application Support/TextMate/Support/lib/textmate.rb:150: warning: Insecure world writable dir /Library/Application Support/TextMate in PATH, mode 040777 /Library/Application Support/TextMate/Support/lib/textmate.rb:150: warning: Insecure world writable dir /Library/Application Support/TextMate in PATH, mode 040777 /Library/Application Support/TextMate/Support/lib/textmate.rb:150: warning: Insecure world writable dir /Library/Application Support/TextMate in PATH, mode 040777 /Library/Application 
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I have run chmod -R o-w * in the /Library/Application Support/TextMate folder, but this makes no difference.
What have I done wrong?

Thanks,

Christopher