http://askubuntu.com/questions/29284/how-do-i-mount-shared-folders-win7-host-in-ubuntu-guest-using-vmwaretools-vhttp://www.surlyjake.com/2011/02/install-open-vm-tools-on-debian-6-squeeze/
Over the last couple of days, I've been trying to figure out why VMWare won't mount shared folders in Fedora... (not worth the pain) I gave up on that today and installed Ubuntu, which installed seamlessly, but still had the same issue. Turns out that we need some extra tools other than VMWare tools. I'm just gonna list what I did, but you are welcome to visit the above links.
First check to make sure that the shared folders are being detected
vmware-hgfsclient
Should list your current shared directories.
We need to install open-vmtools, open-vmtoolbox, and module-assistant
sudo apt-get install open-vm-tools open-vm-toolbox module-assistant
Then you'll want to run module assistant
module-assistant auto-install open-vm -i
This should start installing a bunch of modules. It will probably complain when trying to install open-vm-source, but open-vmtoolbox supersedes that package now.
At this point, check if vmware-hgfsmounter exists and attempt to re-enable shared folders. This time it shouldn't give an error.
Sweeeet!
Update: So, if it doesn't work a first time, uninstall everything even vmware tools and then reinstall vmware tools and the above packages and try to re-enable.