My temp dir is the same as yours is now, C:\Users\[USER]\AppData\Local\Temp\Temporary Internet Files
However, and I think this is where you are confused, the temporary internet directory that holds the cookies is hidden, even with the option to display hidden folders unchecked.
To view follow these instructions:
- On IE8, top right you will see Page, Safety, and Tools beside a little house. Click "Tools" and then "Internet Options".
- In "general" (the first tab opened) you will see in the middle is "browsing history" click the button that says "settings" in that middle section
- Now click "view files" and open a large window, you will see the full path and notice it is in the correct location, with all your cookies.
So, the directories are named the same, but are seperate.
Hope this helps your confusion!