Carl Olsen at Ignatian Insight picks up the story of Sr. Louise Akers here in Cincinnati.
I haven't weighed in at this point, but will do so now.
The issue at hand here, really, is not the question of women's ordination, that is a smokescreen at the deeper issue: authority.
Simply, anyone who teaches in the name of the Archdiocese of Cincinnati, or any local Church for that matter, teaches with the authority of the bishop which he has diputed to him/her. A person does not teach in the name of the Church on their own authority, for if it is upon one's own authority, to quote Eduardo Verastagui, 'is junk.'
Archbishop Pilarczyk has simply rescinded Sr. Akers' authority to teach in this local church, and as Carl Olsen points out in the above link, he was bound by his conscience to do so.