Can't Find FCP Preference Folders in 10.7.4

I upgraded my system(Macbook Pro Intel Core 2 Duo) to 10.7.4 and I cannot find any of my FCP preference folders. They should be located in the ~Library/Preferences/ folder however they are no longer there. I ran a search on my Mac and it couldn't find any folders or files that obviously exist somewhere.

Where are all my preference files being stored? I need to trash preferences and clear up an issue I'm having with a FCP "Out of Memory" warning.