Working memory and the general factor of intelligence (g) are highly related constructs. However, we still don't know why. Some models support the central role of simple short-term storage, whereas others appeal to executive functions like the control of attention. Nevertheless, the available empirical evidence does not suffice to get an answer, presumably because relevant measures are frequently considered in isolation. To overcome this problem, here we consider concurrently simple short-term storage, mental speed, updating, and the control of attention along with working memory and intelligence measures, across three separate studies. Several diverse measures are administered to a total of 661 participants. The findings are consistent with the view that simple short-term storage largely accounts for the relationship between working memory and intelligence. Mental speed, updating, and the control of attention are not consistently related to working memory, and they are not genuinely associated with intelligence once the short-term storage component is removed. © 2008 Elsevier Inc. All rights reserved.