This summer Anna Nicolaou and I spent a long time digging into how old songs have become a financial asset, and what that means for everyone from artists to Wall Street billionaires to ordinary savers. Here's our third, and most in-depth, story...

ft.com/content/e879f8…

“Everybody knows the fight was fixed. The poor stay poor, the rich get rich,” Leonard Cohen sang in 1988.

Today Blackstone, a private equity giant whose boss Stephen Schwarzman made more than $1 billion last year alone, owns rights to that song.